KAR 0.84% $1.81 karoon energy ltd

So are you only pricing FY 6/2022? Production will double by end...

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    So are you only pricing FY 6/2022?

    Production will double by end of Calendar 2022 on the already announced Bauna workovers and Patola expansion. At 30,000 bbls / day, annual production should be >10.8m bbls and company is guiding cash production costs to below $20/bbl with the synergies accruing with higher production on existing under-utilised infrastructure.

    Markets are already starting to price this outcome now, as Bauna workovers are only 6 months away.
 
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