KAR 0.27% $1.84 karoon energy ltd

3 to 4 m swell on location.Riser still on boat.BOP ready to...

  1. 378 Posts.
    3 to 4 m swell on location.
    Riser still on boat.BOP ready to go.
    Water Depth is around 500m.

    Target Sands are not heavily compacted sediment,Sediment does not have Gas!(WTF).Drilling rates are determined by geology and the neccesity to protect the structure of the well for future use.

    Rig was evac'd but remanning began on the 5th and completed on the 6th.

    Weather is the delay now.Specifically Sea State to retieve Riser from the Boat.
 
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