Theres 2 big peices of the KAR puzzle being played out right now:
1- the drilling has not been hampered by any major problems and while its taking longer than scheduled this is still going forward, we should hit montara sands sometime in the next week and of course then the plover A bout 4600 then 4800 roughly. So big news may be out in a few weeks, more likely 1 month depending on well losses and other issues.
2- the Farmout im not sure what the market rumours were but if the terms are good commercially thats a tick.
Heres hoping for 2 from 2 only a month to wait
Just wish they pull the bandaid of europe fast instead of this slow pain we are going through. Dump the weak so the strong may prosper.
IMO
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