Lots of Karoon news in the pipeline:-
1. Who Dat East - deep drilling. Currently underway and seeking to convert (net to Karoon) 17m BOE 2C and net 35m BOE prospective 2U resource to reserves.
2. Bauna Completion of annual scheduled FPSO maintenance due shortly. Recommence production to 25,000 bbls / per day.
3. Q2 results and announcement of Capital Management and dividend policy - 25 July 2024.
4. Who Dat South exploration spud in Q2. Net to Karoon 31m 2U BOE.
5. Resolution of Who Dat G2 & G4 wells pressure issues, 2H24
6. Bauna SPS-88 restoration of production in Q324.
7. 2H24 full production at Bauna and Who Dat to average of 35k-40K per Bbls/ day across both assets. 2H US$500-$570m revenue (@$80/bbl oil).
8. 28 August 2024- 1H results.
9. Who Dat West drilling Q3. Net to Karoon 77m 2U BOE.
10. Total targeted reserves across Who Dat East, South and West = 17m 2C and 143m 2U BOE (net to Karoon).
11. 28 Oct 2024- Q3 results
12. Final large deferred acquisition payment on Bauna in Jan 2025.
13 Neon Concept selection - early 2025.
Karoon Coming Milestones
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