Karoon secures loan for Bauna acquisition 

KAROON Energy has signed a senior secured term loan facility for up to US$275 million which was underwritten by ING Bank in Singapore. 

Karoon secures loan for Bauna acquisition  Karoon secures loan for Bauna acquisition  Karoon secures loan for Bauna acquisition  Karoon secures loan for Bauna acquisition  Karoon secures loan for Bauna acquisition 

Oiler to take full share of its first producing asset 

The South American-focussed company will use the money as part of the funding package to acquire full operating interest in the Bauna oil field in the Santos Basin offshore Brazil.