KAR 1.67% $1.37 karoon energy ltd

p2 - the story so far, page-11

  1. 23 Posts.
    You are correct, Plover sands make a good reservoir. However, look at the depth of the better reservoirs such as Ichthys. This "discovery" is 1500m deeper!
    The core sample will give porosity, which is the size of the gas tank, but this does not help flow; that's permeability. Once again, Plover has problems here because of cementation. Even if the inferred permeability is low, the well may flow due to fractured permeability, so a test is warranted. Just understand, this is the big risk and one will need to be circumspect if Karoon make a fuzzy announcement or complain about equipment failure. Such equipment always gives trouble in tight rock.
 
watchlist Created with Sketch. Add KAR (ASX) to my watchlist
(20min delay)
Last
$1.37
Change
0.023(1.67%)
Mkt cap ! $1.061B
Open High Low Value Volume
$1.35 $1.38 $1.34 $2.400M 1.769M

Buyers (Bids)

No. Vol. Price($)
18 15901 $1.37
 

Sellers (Offers)

Price($) Vol. No.
$1.38 53998 24
View Market Depth
Last trade - 14.45pm 15/11/2024 (20 minute delay) ?
KAR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.