EXPLORATION

Karoon's Bauna settlement delayed

AUSTRALIAN oil producer Karoon Energy told shareholders on Monday it had hit a speedbump in its A$1 billion acquisition of the massive Bauna oil field offshore Brazil.

Karoon's Bauna settlement delayed

ASX-listed Karoon Energy had hoped to close its acquisition of the Bauna field by the end of last month, however on Monday revealed it did not expect the deal to settle until the end of October. ...

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