Karoon Energy Ltd (ASX: KAR) Share Price and News
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Karoon Energy Ltd (ASX: KAR)
Latest News
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Earnings Results
2 ASX energy shares going gangbusters on today's earnings results
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Frequently Asked Questions
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Karoon Energy announced its inaugural fully franked dividend in its 2024 half-year report. The interim dividend of AUD 4.496 cents per share will be payable on 21 October 2024.
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Karoon Energy Ltd listed on the ASX on 8 June 2004.
KAR ASX Announcements
An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.
| Date | Announcement | Price Sensitive? | Time | No. of Pages | File Size |
|---|---|---|---|---|---|
| YesNo |
About Karoon Energy Ltd
Karoon Energy Ltd (ASX: KAR) is an oil and gas explorer and producer with assets in Brazil. The company's key producing asset is its wholly owned Baúna oil field in the southern Santos Basin, offshore Brazil. Karoon acquired and took over operations at Baúna from the Brazilian state-owned Petrobras SA in November 2020.
Karoon is also developing the nearby Patola oil field, adjacent to Baúna, aiming to double the company's production rate compared to its FY2022 output. The company says its operations in Brazil provide the platform for further opportunities, including the potential development of the Neon oil discovery, located around 60 kilometres northeast of Baúna.
