Latest news for Karoon Energy (OTC:KRNGF) Stock

Karoon produces around 8 million barrels of oil annually from its wholly owned Bauna field in Brazil's offshore Santos basin. The company acquired Bauna from Petrobras in 2020 and has been steadily increasing production via well interventions and new developments. Field life is approaching eight years based on proven and probable 2P reserves of 55 million barrels at end December 2022, though this excludes a further 82 million barrels in 2C contingent resources which which have potential to increase life further. We credit life of approximately 10 years, assuming partial conversion of 2C contingent resources into reserve category with drilling. There are also prospective untested targets within Karoon's permits which could potentially add further reserves in the medium term.

News

Intraday Update

Markets

Movers

Trading Ideas

ACHN

ACKRF

ACNDF

ACRL

ADDDF

ADDYY

ADUS

AEGXF

AGYS

AKRO

ANIK

ANIP

APHD

APPN

ARES

ARRY

ARVN

ASMIY

ATEC

AUDC

AVLR

AZPN

AZUL

BCBF

BEIJF

BFAM

BGEM

BKAHF

BLUSF

BPYPP

BTDPY

BYND

CACI

CBHMF

CBHMY

CCNI

CCOI

CHCT

CIADY

CMPGF

CMPGY

CNNEF

CNSWF

COLFF

COWN

CPRT

CRVL

CRWD

CSGS

CSTL

CTLT

CWST

CYBR

CYTK

DANOY

DCOM

DENN

EGFEY

EGHT

EGOV

EHTH

ENSG

EPAM

ESTC

EVBG

EXETF

EXPE

EXPO

FFDF

FICO

FISV

FLXT

FMCI

Companies That Achieved 52-Week Highs Friday

Karoon Energy Ltd

Karoon Energy Ltd (AU:KAR) has released an update. Citigroup Global Markets Australia Pty Limited has become a substantial shareholder in Karoon En...

Citigroup Gains Significant Stake in Karoon Energy

Karoon Energy Ltd (AU:KAR) has released an update. Karoon Energy Ltd has announced the cessation of 749,743 ordinary fully paid securities through ...

Karoon Energy Announces On-Market Buy-Back of Securities

Karoon Energy Ltd (AU:KAR) has released an update. Macquarie Group Limited has become a substantial holder in Karoon Energy Ltd, with significant c...

Macquarie Group Boosts Stake in Karoon Energy Ltd

Analysts fell to the sidelines weighing in on Karoon Energy Ltd (KRNGF – Research Report) and Viridien (VIRDY – Research Report) with neutral ratin...

Analysts Offer Insights on Energy Companies: Karoon Energy Ltd (OtherKRNGF) and Viridien (OtherVIRDY)

Karoon Energy Ltd (AU:KAR) has released an update. Karoon Energy Ltd has temporarily halted production at its Baúna Project due to a mooring incide...

Karoon Energy Adjusts 2024 Guidance Amid Baúna Production Halt

Karoon Energy Ltd (AU:KAR) has released an update. Karoon Energy Ltd has announced that Citigroup Global Markets Australia Pty Limited and its affi...

Karoon Energy Gains Citigroup as Major Shareholder

Karoon Energy Ltd (AU:KAR) has released an update. Karoon Energy Ltd has announced the cessation of 325,122 fully paid ordinary shares as part of a...

Karoon Energy Announces Share Buy-Back Strategy

Karoon Energy Ltd (AU:KAR) has released an update. Citigroup Global Markets Australia Pty Limited has ceased to be a substantial holder in Karoon E...

Citigroup Adjusts Its Stake in Karoon Energy

Karoon Energy Ltd (AU:KAR) has released an update. Karoon Energy Ltd has announced a change in the shareholding of its director, Ms. Luciana Bastos...

Karoon Energy Director Increases Shareholding

Karoon Energy Ltd (AU:KAR) has released an update. Karoon Energy Ltd has successfully restarted production at its Baúna Project following the repai...

Comments

Karoon Energy

News

Latest news for Karoon Energy (OTC:KRNGF) Stock

Tuesday, March 24, 2020

Friday, July 26, 2019

Popular Channels

Tools & Features

Partners & Contributors

About Benzinga