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Karoon profits soar on oil price 

KAROON Energy's profit for the year has quadrupled over financial 2021 thanks to higher oil prices and a full year of production at its Bauna oil field in Brazil's offshore Santos Basin, with its underlying net profit at US$90 million over $21.4 million. 

Helen Clark
Karoon profits soar on oil price 

Oil revenue rose to $385.1 million over $170.8 million.    Production rose to 4.64 million barrels of oil over 3.14MMbbl last year. It sent nine cargoes through the year and after costs reported an...

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