KAR 1.79% $1.38 karoon energy ltd

proteus announcement, page-28

  1. 13,293 Posts.
    lightbulb Created with Sketch. 1234
    Its a wonder no one on here picked up on the lower porosity of bilby.

    Bilby obviosly has low permability as well, probably why "bob" reckons the field has onlt 50 to 100 mbo.

    The green blob is big but not as much oil.

    Elvie speel is for a farm out obviously and i doubt KAR could "suck" it all out with some wells on the primeter of such a big field.

    If KAR can get that money for Brasil farm out it would put them in good position to drill 3 wells.

    So all in all Bilby on the back burner and Kangaroo the main game.

    Holders should be happy with that.

    Just my thoughts, anybody want to risk their thoughts.

 
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