KAR 0.27% $1.84 karoon energy ltd

when is next ann?, page-2

  1. 745 Posts.
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    if there are no further issues drilling we should at depths very close to where Santos hit gas.

    sure our drill may need to go deeper or the drill is going slower but the longer we go now without an Ann, the higher the odds of a duster or another side track. I don't know which is worse as another sidetrack will cost a lot of money for unimproved odds.

    next bit of info after Proteus is potentially grace or Peru farm out. bilby analysis is likely to be Ann sometime next month IMO.

    i am sure the board are onto it but ogx has lost 90% of its value and are struggling to produce enough oil to pay their debts off. there's some distressed assets to be bought for cheap from once Petro rival.
 
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