Karoon Energy decidiu avançar com a aquisição de ativos de produção de longa vida

Karoon Energy Decides to Proceed With Acquisition of Long-Life Production Assets

Written by Paulo Nogueira

Published on 15/03/2019 at 05:00

Updated on 14/03/2019 at 14:47

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Australian Oil and Gas Exploration Company Karoon Is Seeking Strategy for The Southern Santos Basin Based Around Its Current Assets in Brazil

The Australian Karoon has work participation in 6 offshore blocks in the Santos Basin, located about 200 kilometers off the coast of the State of Santa Catarina and covering a combined area of 720 square kilometers. The Santos Basin Block was granted to Karoon during December 2017 with the signing of a concession agreement in Brazil, where Karoon paid a total of US $ 8 million in a non-reimbursable bid bonus and provided a reimbursable Work Program guarantee to ANP of US $ 2.5 million.

The new company president, Bruce J Phillips, issued a letter to shareholders informing that after assessing various options to increase returns for shareholders, the board decided to proceed with the acquisition of a long-life production asset.

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Karoon Energy Decides to Proceed With Acquisition of Long-Life Production Assets

Australian Oil and Gas Exploration Company Karoon Is Seeking Strategy for The Southern Santos Basin Based Around Its Current Assets in Brazil

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Karoon Energy Decides to Proceed With Acquisition of Long-Life Production Assets

Australian Oil and Gas Exploration Company Karoon Is Seeking Strategy for The Southern Santos Basin Based Around Its Current Assets in Brazil

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The Blood Falls of Antarctica hide a living ecosystem trapped under the ice for over 2 million years, where microbes survive without light, without oxygen, and without ever having seen the Sun.

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