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Karoon Energy Posts Record $776.5M Revenue Amid Production Hurdles and Strategic Moves

7:03pm on Monday 2nd of June, 2025 AEST Energy
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Karoon Energy Posts Record $776.5M Revenue Amid Production Hurdles and Strategic Moves

7:03pm on Monday 2nd of June, 2025 AEST
Key Points
  • 2024 full-year sales revenue hits record US$776.5 million
  • Fourth quarter production down 3% to 2.59 MMboe (NRI basis)
  • Who Dat East contingent resources revised up 190% to 15.7 MMboe
  • Negotiations underway to acquire Baúna FPSO from Altera & Ocyan
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