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Karoon finally completes Bauna buy

KAROON Energy has completed its Bauna transaction and is now full owner of a 16,000 barrel per day oil field and about to join Australia’s serious midcap producers. 

Helen Clark
The Bauna FPSO

The Bauna FPSO

  The field is in the highly prolific Santos Basin offshore Brazil with Karoon to pay $380 million to former operator Petrobras and up to another $285 million in continent payments linked to the oil...

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