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SOUTH AMERICA

Karoon wins Brazil bid

KAROON Gas Australia has won a 171sq.km block off in the popular Santos Basin after competing in a bid round that saw 32 companies making multiple bids for blocks across Brazilian basins.

Helen Clark
Karoon wins Brazil bid

The junior leveraged its previous work in the highly prospective Santos Basin, off the coast of southern Brazil in Santa Catarina state.    Karoon was awarded Block S-M-1537 by the National Agency...

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