KAR 0.15% $1.72 karoon energy ltd

DigzShould see the 12.25" section drilling nxt week, after the...

  1. Ya
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    Digz

    Should see the 12.25" section drilling nxt week, after the pressure testing etc, by my estimates.

    Fo now gotta track their neighbours currently drilling to the South-East. Lost a l'il bit of time poor buggers, in this section of their well when a 13" casing joint parted @ 2370m making them sidetrack. Since then they've drilled upto 3849m in 6 weeks. So fingers crossed for KT.

    As for KT#1, will take a stab here, COP should drill the nxt section upto ~3700m , b4 begining the 'ride into the Danger-zone'. All good for now :)

    Watch the volume & SP will pick up, the moment KT crosses ~3700m. Afterall, its a 575m of gas reservoir they r after, so here's hoping there's no damage done to the reservoir, courtesy of Buffon-ST1, circa 1980!!
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    ,

    Dont know if they r coring KT, they can do that at P#2, later on, if they want. I just want to see that '575m'(+/-), for now!!!

    Hmm, wonder what that CNBC dude will say abt this, nxt month.

    Fingers crossed.
 
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