Karoon Energy’s Who Dat East Well Strikes Potential
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Karoon Energy’s Who Dat East Well Strikes Potential

Karoon Energy Ltd (AU:KAR) has released an update.

Karoon Energy’s Who Dat East well shows promising signs with intermediate logging confirming high-quality hydrocarbon-bearing sands and a 44-meter aggregate net pay thickness. The well, part of a joint venture and located near an established production system, is on track to reach its final depth of 7,900 meters. Positive early results support the potential for commercial development and further exploration upside in the surrounding area.

For further insights into AU:KAR stock, check out TipRanks’ Stock Analysis page.

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