Australia's Karoon Energy has won two offshore blocks that it believes will add to its strategic Tertiary play footprint in Brazil's offshore Santos Basin following a successful US$13.1 million bid.
Karoon was successful in its bid for the blocks by proposing a minimum US$10 million work program and a bonus payment of approximately US$3.1 million. The two blocks (S-M-1356 and S-M-1482) are...
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