Karoon Energy

Karoon completes Bauna acquisition

Karoon Energy has taken ownership of the Bauna field in the Santos Basin offshore Brazil after completing the acquisition from Petrobas.
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New faces and places: The latest industry movement

Karoon Energy has appointed Peter Botten to its board, with the appointee bringing over 40 years’ experience to the company. Meanwhile, the Australian Energy Market Operator is preparing for its CEO
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well drilling

Karoon stays optimistic despite salary cuts

Karoon Energy does not believe the impact of COVID-19 represents a permanent long-term destruction in oil demand, with the company expecting a rebound as economic activity returns. In its March quarter
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Senex advances WSGP

The Mimas-2 core well reached a total depth in early December, with initial results from logs and drill stem tests showing net coal and permeability in line with expectations and similar to the quality
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Comet upgrades Mahalo reserves

Comet Ridge Managing Director Tor McCaul said the company’s 40 per cent net share of 2P reserves had increased by 473 per cent from 30 PJ to 172 PJ, while its net share of 3P reserves had risen 71
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Valmec pushing ahead at Wodgina

Located in the state’s Pilbara region, Valmec is currently constructing a facility for an 81 km, 10 inch (250 mm) gas pipeline feeding a combined 64 MW power
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Tanbar works imminent

The company reported the works at the Cooper-Eromanga Basin project had been prevented by flooding during the Queensland wet season but are now scheduled to begin in May. Key
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JV secures rig for Galilee Basin

The Galilee Basin Deeps JV has executed a deal with Ensign Drilling to secure a rig for its 2019 drilling program. Scheduled to commence in March at the conclusion of the wet season, the Ensign Rig 932
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