OPERATIONS

Karoon may drill development well in Neon ahead of FID 

KAROON Energy has been relatively quiet for some time but has said today it may drill a development well in its Neon field (formerly Echidna) before taking final investment on the Santos Basin project that has lain dormant since its former partner Pacific Rubiales filed for insolvency and farmed out during the oil price crash. 

Like a Jane Austen heroine Karoon is undaunted by its long search for a dance partner

Like a Jane Austen heroine Karoon is undaunted by its long search for a dance partner

Karoon says the initial two production well concept - the Slim Development Project - for Neon has not been changed, and it is continuing discussions with service and equipment providers, FPSO providers...

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