KAR 4.92% $1.92 karoon energy ltd

proteus announcement, page-32

  1. 31 Posts.
    A point not covered yet that I got from the meeting regarding Proteus is they are drilling into two formations the Brewster which has a significant high pressure reading around 40 as compared with the average of 17 in the plover formation which is the main target in the posidon.

    What I gleaned was that if we hit the Brewster formation that would be a great result for Karoon. Maybe this is why they have been having pressure problems.
 
watchlist Created with Sketch. Add KAR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.