KAR 1.79% $1.38 karoon energy ltd

I want to think bigger than WPL. Now is the time to start the...

  1. 1,675 Posts.
    I want to think bigger than WPL. Now is the time to start the production platform of gas and oil production.

    Development stage sets up production facilities, which comes after successful appraisals confirming economical hydrocarbon volume.

    After combining the appraisal results to endorse the economical assessments, subsequent to a decision on the development, engineers and geoscientists collaborate to design, construct, install a production facilities and drill, complete a series of production/injection wells. This where the big companies want in and Karoon is at that spot.

    There are big companies in Australia that have the big bucks to lock down the developmental/production phase and make serious money on the dispursement phase.
 
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