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.

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Companies That Achieved 52-Week Highs Friday

Karoon Energy Ltd

Karoon Energy Ltd (AU:KAR) has released an update. Karoon Energy Ltd has announced the commencement of drilling at the Who Dat South well in the Gu...

Karoon Energy Begins Drilling at Who Dat South

Karoon Energy Ltd (AU:KAR) has released an update. Karoon Energy Ltd has released an update on their ongoing stock buy-back, announcing the repurch...

Karoon Energy Continues Share Buy-Back

Karoon Energy Ltd (AU:KAR) has released an update. Karoon Energy Ltd has announced an update on their stock buy-back program, reporting the repurch...

Karoon Energy Continues Share Buy-Back Program

Karoon Energy Ltd (AU:KAR) has released an update. Karoon Energy Ltd has announced that Mitsubishi UFJ Financial Group (MUFG) has become a substant...

MUFG Becomes Substantial Holder in Karoon Energy

Karoon Energy Ltd (AU:KAR) has released an update. Karoon Energy Ltd has updated its market with a daily buy-back notification, signaling the ongoi...

Karoon Energy Continues Aggressive Share Buy-Back

Karoon Energy Ltd (AU:KAR) has released an update. Mitsubishi UFJ Financial Group, Inc. has emerged as a substantial holder in Karoon Energy Ltd, w...

Mitsubishi UFJ Gains Substantial Stake in Karoon Energy

Karoon Energy Ltd (AU:KAR) has released an update. Karoon Energy Ltd has announced that First Sentier Investors Holdings Pty Limited and its affili...

First Sentier No Longer a Substantial Holder in Karoon Energy

Karoon Energy Ltd (AU:KAR) has released an update. Citigroup Global Markets Australia Pty Limited, along with its related Citi group entities, is n...

Citigroup No Longer Major Shareholder in Karoon Energy

Karoon Energy Ltd (AU:KAR) has released an update. Mitsubishi UFJ Financial Group, Inc. has ceased to be a substantial holder in Karoon Energy Ltd,...

Mitsubishi UFJ No Longer Karoon Energy Major Holder

Karoon Energy Ltd (AU:KAR) has released an update. Karoon Energy Ltd has announced an update on its stock buy-back program, indicating the purchase...

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Karoon Energy

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Latest news for Karoon Energy (OTC:KRNGF) Stock

Tuesday, March 24, 2020

Friday, July 26, 2019