OPERATIONS

Oil prices drive Karoon revenue 

KAROON Energy's Bauna oil field produced at 13,068 barrels of oil per day priced at an average of US$65.31 per barrel compared to $55.42/bbl the prior quarter with a 3% rise in production, it said today.  

Oil prices drive Karoon revenue 

Oil revenue for the quarter from three cargoes was US$95.7 million.    Sales volume was up 58% and sales revenue up 87%, despite eight days of shutdown through the quarter, half planned and half unplanned,...

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