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MARKETS

Karoon close to sealing deal

A MONTH after the original date set, Karoon Energy has been greenlit to formally acquire the Bauna oil field from Petrobras by the Brazilian government meaning the road to becoming one of the ASX’s serious producers is nearly at an end. 

Helen Clark
Bauna buy to complete any day now 

Bauna buy to complete any day now 

The national petroleum agency's board approved with conditions the transaction and all that is needed now is written confirmation after it was issued a new environmental operational license by the environmental...

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