KAR 2.23% $1.95 karoon energy ltd

brent oil passes 70USD, page-5

  1. 26,533 Posts.
    lightbulb Created with Sketch. 4520
    Also, the 3.4m FY21 is 816k already in the bag for H1 FY21 ie from the point they owned it outright from 7/11/20, implying (by doubling implied H2) 5.168m bbls pa (or avg 14.158k bopd)
    so if you want to do a strictly current valuation as a starting point, I would start from there 5.168m bbls pa @US$70/b and current COP US$27/b (before any field improvements that bring it down).
    I’ll leave the p/e guess to Mr Posh and others

    btw P13 of the 1/2YR just grabbed my attention while I was checking the numbers you were looking at:

    • Interventions can be funded from Baúna cash flow
    • Patola funding discussions progressing as planned, expected finalisation in Q2 CY2021 prior to FID
    • Debt package will help manage downside oil price risk and provide balance sheet flexibility
    • Potential to farm down Santos Basin acreage
    so that’s crystal clear, any debt package is for a rainy day only
    Last edited by CEOChair: 15/03/21
 
watchlist Created with Sketch. Add KAR (ASX) to my watchlist
(20min delay)
Last
$1.95
Change
0.043(2.23%)
Mkt cap ! $1.562B
Open High Low Value Volume
$1.90 $1.97 $1.88 $9.262M 4.843M

Buyers (Bids)

No. Vol. Price($)
26 38679 $1.95
 

Sellers (Offers)

Price($) Vol. No.
$1.95 49699 33
View Market Depth
Last trade - 13.55pm 30/04/2024 (20 minute delay) ?
Last
$1.96
  Change
0.043 ( 2.87 %)
Open High Low Volume
$1.89 $1.97 $1.88 1281306
Last updated 14.15pm 30/04/2024 ?
KAR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.