KAR 0.00% $1.74 karoon energy ltd

the forgotten acreage...

  1. 480 Posts.
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    Amongst all the Browse, Brazil & Peru talk, this stuff tends to get forgotten. A little article on KAR from PetroleumNews. Nothing earth shattering, but always good to hear news.

    Karoon planning seismic off North West coast

    Marija Zivkovic
    Thursday, 9 July 2009

    KAROON Gas and its Canadian joint venture partner, Talisman Energy, have applied for environmental approval to shoot 2D seismic over the AC/P8 and JPDA06-105 permits in waters off the North West coast of Australia.

    In its submission to the Department of Environment and Water, Heritage and the Arts, Karoon said the survey, which is expected to start in October, would be carried out within an area of 2069 square kilometres to determine the location of hydrocarbon-bearing sediments.

    The survey will be shot over at least one existing dry well and one discovery well for calibration purposes.

    The permits are located in waters governed by Commonwealth legislation. JPDA06-105 is also located in the western corner of the East Timor Joint Petroleum Development Area.

    The survey is expected to take 11 days.

    PetroleumNews.net has contacted Karoon Gas for more information on the survey, however the company was not available to comment at the time of publication.


 
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