Company Karoon Energy Ltd

Equities

KAR

AU000000KAR6

Oil & Gas Exploration and Production

Market Closed - Australian S.E. 01:10:09 2024-03-28 am EDT 5-day change 1st Jan Change
2.16 AUD 0.00% Intraday chart for Karoon Energy Ltd +8.00% +6.40%

Business Summary

Karoon Energy Ltd is an Australia-based oil and gas exploration and production company with assets in Brazil. The Company is involved in the exploration, development and production of hydrocarbons in four offshore blocks, which contain the producing Bauna field and undeveloped Patola field, the Neon and Goia oil discoveries, and the Clorita exploration prospect. Its blocks include Block BM-S-40, Block S-M-1037, Block S-M-1101 and Block S-M-1537. Its Bauna project is located in concession BM-S-40 in the southern Santos Basin offshore Brazil and comprises the Bauna and Piracaba light oil fields and the Patola development. The Patola oil field is located adjacent to the producing Bauna field and within the same production concession. Neon is located 60 kilometres north-east of Bauna. The S-M-1037 and S-M-1101 drilling programs will comprise up to two control wells: 9-Neo-1-SPS (informally Neon-1) and, contingent on Neon-1 meeting minimum success criteria, 9-Neo-2D-SPS (informally Neon-2).

Sales per Business

AUD in Million2023Weight Delta
Hydrocarbon
100.0 %
1,244 100.0 % -

Sales per region

AUD in Million2023Weight Delta
Brazil
99.1 %
1,233 99.1 % -
United States
0.9 %
11 0.9 % -

Managers

Managers TitleAgeSince
Chief Executive Officer - 20-11-26
Director of Finance/CFO - 21-09-26
Investor Relations Contact - 21-03-31
General Counsel - 22-12-07
General Counsel 64 05-06-27

Members of the board

Members of the board TitleAgeSince
Director/Board Member 66 22-08-25
Chairman 69 20-09-30
General Counsel 64 05-06-27
Director/Board Member - 10-09-30
Chief Executive Officer - 20-11-26
Director/Board Member 66 14-06-05
Director/Board Member - 16-08-25

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 801,234,076 781,915,565 ( 97.59 %) 0 97.59 %

Shareholders

NameEquities%Valuation
First Sentier Investors (Australia) IM Ltd.
2.689 %
21,545,676 2.689 % 27 M $
First Sentier Investors Realindex Pty Ltd.
1.503 %
12,044,776 1.503 % 15 M $
DFA Australia Ltd.
1.027 %
8,230,795 1.027 % 10 M $
Washington H. Soul Pattinson & Co. Ltd. (Invt Mgmt)
0.7613 %
6,100,000 0.7613 % 8 M $
TT International (Hong Kong) Ltd.
0.5031 %
4,030,782 0.5031 % 5 M $
Colonial First State Investments Ltd.
0.3902 %
3,126,517 0.3902 % 4 M $
State Street Global Advisors Trust Co.
0.3654 %
2,928,078 0.3654 % 4 M $
Netwealth Investments Ltd.
0.3345 %
2,679,872 0.3345 % 3 M $
BetaShares Capital Ltd.
0.3214 %
2,575,292 0.3214 % 3 M $
BEA Union Investment Management Ltd.
0.2956 %
2,368,192 0.2956 % 3 M $

Company contact information

Karoon Energy Ltd.

6 Riverside Quay Suite 3.02, Level 3

3006, Southbank

+61 3 9616 7500

http://www.karoonenergy.com.au
address Karoon Energy Ltd(KAR)

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
14
Last Close Price
2.16 AUD
Average target price
2.647 AUD
Spread / Average Target
+22.54%
Consensus

Quarterly revenue - Rate of surprise