Karoon acquisition of Bauna delayed again

SYDNEY headquartered Karoon Energy has amended its deal to buy the Bauna oil field in the Santos Basin offshore Brazil, again, which could delay the final settlement of the acquisition.

Karoon acquisition of Bauna delayed again Karoon acquisition of Bauna delayed again Karoon acquisition of Bauna delayed again Karoon acquisition of Bauna delayed again Karoon acquisition of Bauna delayed again

It is the second time the acquisition has been delayed.

 

Karoon Energy shrugged off global uncertainty and low oil prices in July and announced it would buy the massive oil field in Brazil for US$665 million.