KAR 1.63% $1.81 karoon energy ltd

progress report 13, page-15

  1. 192 Posts.
    This is great news... they are going to run a liner for production testing. We are very fortunate that Cyclone Lawrence didnt do any damage either.

    Did you notice too in the announcement, the usual speel about P2 being like P1, to be plugged and abandoned etc etc... this time they have actually specified why they are P&A them -

    "These are exploration wells are not suitable for production purposes"

    Here's looking forward to the next report but this is a great time to be on this ride.

    Looking forward to hear what everyone has to say.

    Scotty

    Where are all these "know it alls" that down ramped KAR over the last 3 months... All I can say, is suffer in your jocks.

 
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