Oil player gets into the action
Oct 27, 2021
3 minutes
STORY GAURAV SODHI
Karoon Energy has a long history of paralysis and mismanagement, and – this is a big one – it hasn’t produced any oil or gas in its near 20-year history. That is all about to change.
Karoon has renewed its directors, found new management and bought new assets. It is now producing oil for the first time and has a credible way to turn oil resources into cash. Despite these developments, and a higher oil price to boot, Karoon’s share
You’re reading a preview, subscribe to read more.
Start your free 30 days