KAR 0.52% $1.90 karoon energy ltd

Two things

  1. 1,154 Posts.
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    1. OPEC delayed meeting. Market read it as if opec are unhappy collectively. It hit the oil price. JPM put out note actually saying they are just working out either a) to maintain current cuts or B) increase cuts. Bottom line they are both positive for oil…. So seems like sell off was a complete headfake… and tourists are stopped out of oil … yet again

    2. AGM - Bauna extension. is this new ? Feels like it.

    it now looks like we have 3 organic opportunities to increase reserves and production. Neon, Wat Dat & Bauna.

    PB
 
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