KAR 2.19% $1.34 karoon energy ltd

Ann: March 2021 Quarterly Report and Appendix 5B, page-5

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  1. Ya
    6,809 Posts.
    lightbulb Created with Sketch. 3829
    Good numbers for Bauna for March Qtr despite the scheduled maintenance in Feb for 11.5 days.

    Production: 1.14 mmbbls (rounded off)

    Sales: 0.93 mmbbls (2 offtakes in mid Jan & mid-Feb)

    POO: USD 55.38/bbl

    Revenue: AUD 69.4 mil,

    Cash on hand increased from AUD133m to 173mil,
    Debt: nil

    1 offtake done for 500k bbls on April 1st. should reflect in the June Qtr at better price.

    Overall tally since the asset purchase from 7Nov to 31March,for 3 offtakes is,
    Production: 1.95 mmbbls
    Sales: 1.43 mmbbls
    Revenue : AUD 97.2mil
 
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