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. 

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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