KAR 4.92% $1.92 karoon energy ltd

proteus announcement, page-35

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    Yes cheetah, Lino Barro, Engineering Manager, gave a presentation on preliminary planning for first production of oil in Brazil. These plans will be refined as further appraisal provides more data but ATM planning provides for the decision to develop Kangaroo to be made in 2Q of 2015 with first oil to be produced early 2018 from a sub sea installation connected to a FPSO.

    ANZ
 
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