KAR 4.26% $1.46 karoon energy ltd

Rig move to Neon-2, page-10

  1. 1,731 Posts.
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    I also listened to the half yearly and there was interesting
    questions around how they plan to notify the market about Patola coming online ie would we have to wait for the qtr report or not.
    The response was we will achieve production this qtr but commissioning would take circa 2 weeks. Additionally planned to bring one well on first for circa 10 days then the second.
    Working backwards from the end of the money and assuming commissioning continues 1 week in April by my calculations the first well should come online around the weekend of the 10-13th March.
    I think they wanted to see that how would Karoon communicate this to the market. My Guess is if my timing is correct then that Monday could be the day they announce well one taps are open ?
 
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