SOUTH AMERICA

Analysts backs Karoon

KAROON Gas Australia’s decision yesterday to move the Echidna oil project into front-end engineering and design uses a smaller development than what RBC Capital Markets modelled, yet analyst Ben Wilson remains a believer.

Analysts backs Karoon

RBC is maintaining the Outperform recommendation on Karoon it has been holding for some time.   "While the development concept is for one fewer production well and one fewer injection well than we...

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