KAR 1.38% $1.84 karoon energy ltd

Ann: FY22 Half Year Results Announcement & Investor Presentation, page-24

  1. Ya
    6,809 Posts.
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    Doubt its the whopping 12k bopd flow from Bauna or the 9th year B'day celebs for the the Field that are making an impact on the SP or the cook recovering from his tripping in the galley onboard the FPSO in December. Rig (Maersk Developer) still in Trinidad.

    More likely the macro events & news of Shell quitting Sakhalin-II JV with Gazprom & Equinor pulling the pin after 30yrs partnership with Rosneft, after BP's decision to exit. No updates yet from Exxon, ENGIE, TOTAL, BASF on their plans to quit. Economic sanctions work both ways I guess and at times like these other Geopolitical hotspots become the 'flavor of the month/ decade', i.e., Suriname or Guyana or West Africa for that matter. Even offshore Mexico is starting to pump oil from new developm'nts. Enough material for Dan Yergin to write a second book after his Pulitzer prize winning odyssey a while back, if he could b bothered.
    Last edited by Ya: 01/03/22
 
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