KAR 2.81% $1.83 karoon energy ltd

report no 7, page-11

  1. 780 Posts.
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    Morning Bob

    Yes, they do want to change to a higher capacity rig to be able to drill through in an 8" hole I belive.

    What bothers me is this: They finished running the 9" casing, then drilled from 4000 to 4700+ in a week, with a rig thats apparently a bit second hand with 8" holes at the business end of the deal. Hope,Wait,and See I guess.

    Congrats on SSN. Well Done, probably more left in it yet.
 
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