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How Did Karoon Boost Baúna Reserves by 35% and Extend Field Life to 2039?
12:52am on Saturday 30th of August, 2025 AEST
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Energy
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How Did Karoon Boost Baúna Reserves by 35% and Extend Field Life to 2039?
12:52am on Saturday 30th of August, 2025 AEST
Key Points
35% increase in Baúna Project 2P Reserves as of June 2025
Economic field life extended to 2039, aligned with Production Concession expiry
Significant capital expenditure planned for FPSO revitalisation and life extension
2P recoverable volumes up 120% since Karoon’s 2020 acquisition
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