Karoon has negotiated key commercial terms for a US$100 million bridge facility with National Australia Bank.
This facility will be used to fund operational cashflow requirements prior to the receipt of US$600 million proceeds from the sale of Karoon’s Browse Basin permits, WA-315-P and WA-398-P, to Origin Energy.
Press Release, June 12, 2014
Karoon Gas Australia started with the shares buyback program announced at the end of last month. 56,626 of units ...
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Karoon Gas intends to undertake an on-market share buyback over the next 12 months of up to 25,112,076 KAR ordinary ...
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In reference to the Australian Financial Review article “Karoon plans buybacks with Origin’s ...
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Karoon said that the pre-emption rights associated with the sale of the company’s interest in the Browse ...
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Karoon Gas Australia said that Bernard Wheelahan has been appointed as an Independent Non‐Executive Director of the ...
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Karoon gas provided an update for the Pharos‐1, the sixth and final well in the Browse Basin Phase 2 exploration ...
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Pharos‐1, the sixth and final well in the Browse Basin Phase 2 exploration drilling campaign, was spudded at 2240 ...
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Karoon Gas FPSO, a wholly owned subsidiary of Karoon Gas Australia, has entered into a Farm‐out Agreement to ...
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Karoon Gas Australia said that at Poseidon North‐1 well on 17 April the hole was at a depth of 3,820 mRT and ...
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Karoon Gas Australia said that at Poseidon North‐1 well, the hole was at a depth of 2,459 metres and preparations ...
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Karoon Gas Australia said that Poseidon North‐1, the fifth well in the Browse Basin Phase 2 exploration drilling ...
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Karoon Gas Australia said that on 20 January, Grace‐1 was drilling ahead at 4,844 metres in the 6‐1/2” hole ...
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Karoon Gas Australia sad that on Friday, preparations were being made to conduct scheduled Blowout Preventer (BOP) ...
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Karoon Gas Australia sad that on Friday the 6 1/2” hole section on Grace-1 well was drilling at a depth of 4,395 ...
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Karoon Gas Australia sad that the drilling of Grace-1 well is expected to commence early next week with the primary ...
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