KAR 0.44% $1.15 karoon energy ltd

meanwhile in brazil

  1. Ya
    6,333 Posts.
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    OGX are on a roll !!

    Here's the link to OGX's website They did a 100:1 share split 10 days back which gives them over 3 billion shares.

    Their stk code is OGXP3.SA.

    Note that OGX have exploration blocks in 4 basins, we are only interested in Santos Basin for now, i.e BM-S-29, which is to the north of KAR's acreage.

    Feel free to download OGX's presentation, from 11th Nov 2009 & the D&M reports. Very interesting reading.

    Latest report by D&M shows that OGX has 15 prospects in the Santos Basin & a Gross unrisked prospective resource of 6.659 BBOE & Net risked resource of 1.688 BBOE.

    Coincidentally D&M also published KAR's resource report in Dec for 7.6 Tcf, so look fwd to the recent addition of young timmy to the team doing his bit frm Brazil. So a farmout in Brzl should b good news.

    Have a safe w'end all with y'r near & dear ones.

    Catch u sometime next year ;)

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