Karoon Energy Ltd (KAR:ASX)

$1.06

right-arrow Created with Sketch. -0.045 (-4.09%)
MCAP $584.0M
Last trade 16.10pm 27/01/2021 20mins delayed

Latest Announcements

13/01/2021KARKaroon Energy Ltd
12/01/2021KARKaroon Energy Ltd
11/01/2021KARKaroon Energy Ltd
11/01/2021KARKaroon Energy Ltd
06/01/2021KARKaroon Energy Ltd
16/12/2020KARKaroon Energy Ltd
261
MCap
15/12/2020KARKaroon Energy Ltd
10/12/2020 Price SensitivePSKARKaroon Energy Ltd

Company Overview

Karoon Energy Ltd, formerly Karoon Gas Australia Ltd is an independent oil and gas company. The Company is engaged in investing in hydrocarbon exploration and evaluation in Australia, Brazil and Peru. Its segments are Australia, Brazil and Peru. The Australia segment includes exploration and evaluation of hydrocarbons in two offshore permit areas: WA-314-P, which is located in Browse Basin, and WA-482-P, which is located in Carnarvon Basin. The Brazil segment includes exploration and evaluation of hydrocarbons in five offshore blocks: Block S-M-1037, Block S-M-1101, Block S-M-1102, Block S-M-1165 and Block S-M-1166, which are located in Santos Basin with gross acreage of over 550 square kilometers. These blocks are located approximately 200 kilometers from the coastline of Santa Catarina. The Peru segment includes exploration and evaluation of hydrocarbons in two blocks: Block 144 (onshore), which is located in Maranon Basin, and Block Z-38 (offshore), which is located in Tumbes Basin.

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