Hey, this is AUStock_Pedia.
I would like to introduce some Australian companies that may be of some help to your investments.
The company I'm going to introduce is $KAROON ENERGY LTD(KAR.AU)$. It went public on 08 June 2004.
[Company Profile]
Karoon Energy Ltd is an Australia-based oil and gas exploration and production company. Its projects include Bauna-Santos Basin, Santos Basin, Tumbes Basin, Carnarvon Basin and Ceduna Sub-basin.The company was formerly known as Karoon Gas Australia Ltd and is headquartered in Melbourne, Australia, with country offices in Brazil and Peru.
[History & Events]
2003: The company was founded by Robert Michael Hosking on November 11, 2003.
2004: Karoon was listed on the Australian Securities Exchange (ASX code: KAR) with a market capitalisation of A$8 million. Since listing, the company has acquired a global portfolio of oil and gas exploration assets.
2007: The company awarded 5 exploration Blocks, Santos Basin in Bid Round 9 (Karoon 100%) in Brazil.2009: The company acquired 2,300 km 2D seismic within Block Z-38 in Peru; Discovered the multi-TCF Poseidon gas discovery in Australia.2010: The company acquired2,828 km2 3D seismic survey over greater Poseidon structure and surrounds in Australia.2012-2015: Karoon made 3 oil discoveries in Brazil with the Neon and Goiá light oil discoveries.2014: Poseidon was sold by Karoon for US$600 million. The company transformed from an exploration company into an emerging independent energy company.
2019: Karoon announced to acquire an operated 100% equity interest in the BM-S-40 concession containing the Baúna oil field in the Santos Basin offshore Brazil.
[Main Business Segments]
[Net Income & Total Revenue]
[Competitors]
$Enwell Energy (ENW.LON)$
$Carbon Energy Corporation(CRBO)$
$SANTOS LIMITED(STO.AU)$
$Melbana Energy(MAY.AU)$
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