KAR 2.43% $1.48 karoon energy ltd

Commodoreu r right its a bugger all ann'mnt, but was necessary...

  1. Ya
    6,809 Posts.
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    Commodore

    u r right its a bugger all ann'mnt, but was necessary after the 60:40% arrangement yesterday.

    Worth noting, it doesnot include estimates frm P#2, so will have to revisit this again after P2 or mayb Kronos, when more details emerge on the southern extent.

    For now, it simplifies things a lot, instead of using 49% for WA-314P, WA-315P & 40% for WA-398P, given that Poseidon straddles both WA315P & WA398P.

    They've not used any estimates for KT, which means, Grace could b off, atleast for now.

    More the reason, to focus on Poseidon frm here-on.

    cheers
 
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