MARKETS

First oil profit for ASX's newest large producer

KAROON Energy has posted its first half-year financial report since taking operatorship of the Bauna field in the Santos Basin, offshore Brazil, giving it just under two months of production. 

Bauna

Bauna

  CEO and managing director Dr Julian Fowles called it a "transformational" period as it finally became one of the ASX's larger producers. It sent its first oil shipment in early December.    "I...

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A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

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