Quite a newbie to KAR, havetraded it a few times, but does anyone mind translating the last paragraph from the last ann.
"As with the recent gas discovery well, Poseidon-1, Poseidon-2 is planned to be plugged and abandoned
following final well evaluation and production testing. These are exploration wells and are not suitable for
production purposes."
What does this exactly mean for the company?
Quite a newbie to KAR, havetraded it a few times, but does...
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$1.53 |
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Mkt cap ! $1.215B | |||
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