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Karoon Energy More Than Doubles Third-Quarter Production

Karoon Energy said third-quarter production more than doubled, with output recovering at Brazil’s Baúna field and stronger volumes from the Who Dat development in the US Gulf Coast. Sales revenue rose 64% to US$191.6 million.

KAR

Karoon Energy ASX:KAR more than doubled third-quarter production to 2.27 million barrels of oil equivalent (MMboe) as output recovered at its Baúna field in Brazil and the Who Dat development in the US Gulf Coast delivered stronger volumes.Sales revenue climbed 64% to US$191.6 million despite weake…