Media reports are one thing Stevo but if its so well known what they are after and have US$1b in finance ready it seems strange KAR's ASX reports never mentioned it.
All this was nearly 12 months ago.
Is it Bauna or Peregrina is still the question no one but the media knows and they are guessing as the say "its thought" KAR are in negotiations.
You must admit its very confusing, for me anyway, when the company is so silent and vague.
They are still waiting on a farm in partner for Echidna and Kangaroo or that will not proceed either.
Then there is PERU.
So many irons in the fire for the just incase scenario.
Well April you say will tell the tale yeah?
News: KAR Brazil's PetroReconcavo in talks for Petrobras onshore fields -sources, page-41
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