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Karoon Energy Ltd

KAR.AX

Latest Trade

0.89AUD

Change

-0.01(-0.56%)

Volume

3,294,045

Today's Range

0.88

 - 

0.92

52 Week Range

0.34

 - 

1.44

As of on the Australian Stock Exchange Ltd ∙ Minimum 15 minute delay

Latest Developments

Karoon Energy Updates On Bauna Acquisition

Oct 5 (Reuters) - Karoon Energy Ltd <KAR.AX>::BAUNA ACQUISITION UPDATE.PREPARING TO MARKET ITS FIRST BAÚNA CARGO FOLLOWING COMPLETION OF BAÚNA DEAL.

Karoon Energy Issued Ibama Licences

Aug 13 (Reuters) - Karoon Energy Ltd <KAR.AX>::HAS BEEN ISSUED IBAMA LICENCES AND SATISFACTION OF A CONDITION PRECEDENT TO BAÚNA TRANSACTION CLOSE.EXPECTS TO COMPLETE TRANSACTION AROUND END OF Q3 OF CY 2020.

Karoon Energy Says Founder And CEO Robert Hosking Has Will Retire At 2020 AGM

July 29 (Reuters) - Karoon Energy Ltd <KAR.AX>::KAROON ENERGY LTD- FOUNDER AND LONG-STANDING CEO AND MANAGING DIRECTOR, ROBERT HOSKING HAS WILL RETIRE AT 2020 ANNUAL GENERAL MEETING.

Karoon Energy Announces Adjusted Terms For Bauna Acquisition

July 27 (Reuters) - Karoon Energy Ltd <KAR.AX>::ANNOUNCES COMPLETION OF STRATEGIC REVIEW OF OPTIONS UNDER CURRENT GLOBAL HEALTH AND ECONOMIC ENVIRONMENT.UNIT EXECUTED BINDING AGREEMENT TO AMEND SALE AND PURCHASE AGREEMENT TO BUY 100% OPERATING INTEREST IN BAÚNA FIELD IN OFFSHORE BRAZIL.

Karoon Energy Says Consulting Contracts Are Being Suspended Where Possible

April 30 (Reuters) - Karoon Energy Ltd <KAR.AX>::CONSULTING CONTRACTS ARE BEING SUSPENDED WHERE POSSIBLE.DISCRETIONARY SPEND & CAPITAL EXPENDITURE OUTSIDE OF BAÚNA BEING ELIMINATED.BOARD, SENIOR MANAGEMENT & MAJORITY OF EMPLOYEES WILL TAKE 20% TEMPORARY REDUCTION IN SALARIES & FEES.

Karoon Energy Ltd Continues To Be Cash Flow Positive At Current Oil Prices

March 12 (Reuters) - Karoon Energy Ltd <KAR.AX>::CONTINUES TO BE CASH FLOW POSITIVE AT CURRENT OIL PRICES.BAUNA ACQUISITION UPDATE.NO LONGER EXPECTS TO COMPLETE BAÚNA TRANSACTION IN Q1 OF 2020.

Karoon Energy Says Executed Binding Agreements With Stena Drilling & Tullow Oil

Nov 15 (Reuters) - Karoon Energy Ltd <KAR.AX>::EXECUTED BINDING AGREEMENTS WITH STENA DRILLING & TULLOW OIL TO CONTRACT "STENA FORTH" DYNAMICALLY POSITIONED DRILLSHIP.DRILLSHIP ASSIGNMENT AGREEMENT PROVIDES CO WITH SINGLE WELL SLOT FROM EXISTING RIG CONTRACT BETWEEN TULLOW & STENA.

Karoon Energy Announces Marketing Agreement With Shell Western Trading & Supply Ltd

Oct 21 (Reuters) - Karoon Energy Ltd <KAR.AX>::UNIT SIGNED MARKETING AGREEMENT WITH SHELL WESTERN TRADING & SUPPLY LTD TO TRADE AND SHIP CRUDE OIL PRODUCTION FROM BAÚNA FIELD BRAZIL.KAROON & SHELL WEST HAVE NOW AGREED TERMS FOR A US$50 MILLION TERM LOAN FACILITY AT KAROON'S AUSTRALIAN BUSINESS LEVEL.

Karoon Energy's Unit Signed A Senior Secured Term Loan Facility Of Up To US$275 Mln

Oct 14 (Reuters) - Karoon Energy Ltd <KAR.AX>::KAROON PETRÓLEO E GÁS LTDA SIGNED A SENIOR SECURED TERM LOAN FACILITY OF UP TO US$275 MILLION.FACILITY WILL BE USED AS PART OF FUNDING PACKAGE FOR ACQUISITION OF OPERATING INTEREST IN BAÚNA OIL FIELD IN SANTOS BASIN.FACILITY AGREEMENT PROVIDES FOR AN OPTION TO PROVIDE ADDITIONAL FUNDING FOR TIE-IN DEVELOPMENT OF PATOLA OIL DISCOVERY.

Karoon Energy Has Not Sought To Launch An Equity Raising

Oct 14 (Reuters) - Karoon Energy Ltd <KAR.AX>::CO HAS NOT SOUGHT TO LAUNCH AN EQUITY RAISING AT ANY TIME SINCE ANNOUNCEMENT OF BAÚNA ACQUISITION ON 25 JULY.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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