KAR 2.14% $1.83 karoon energy ltd

why is conoco selling us 50%?

  1. 1,631 Posts.
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    Can someone please tell me if they think this is a good thing for our Browse assets? I mean if there was sense for CCP to be in it, why would they sell it?
    I am no expert and hence have no idea what to make of it.
    I also noticed that we get a lot more decision making power, in terms of where we dig, how long for and how far down.

    Interesting times.
 
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