KAR 1.32% $1.87 karoon energy ltd

Ann: June 2023 Quarterly Report, page-3

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    Given Karoon’s low level of drawn debt and modest debt service requirements, the minimum hedge volume
    obligation under the debt facility was temporarily waived and no additional oil hedges were entered into
    during the June quarter.

    That's good. Oil is expected to rise in price from here according to most big financial outfits.
 
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