Karoon Energy Ltd
Oil & Gas
Company Summary
Karoon Energy Ltd. is a leading oil and gas producer based in Australia, with a strong focus on sustainability and governance practices. With an ESG score of 45.6, the company is committed to environmental responsibility and long-term sustainability. Karoon produces approximately 8 million barrels of oil annually from its Bauna field in Brazil's Santos basin, which it acquired from Petrobras in 2020. The company is steadily increasing production through well interventions and new developments, with a field life expected to reach around 10 years. With proven and probable 2P reserves of 55 million barrels and 2C contingent resources of 82 million barrels, Karoon has significant potential for further growth and expansion. Discover new opportunities and sustainable practices with Karoon Energy Ltd.
ESG Rating Overview
Sustainalytics
LSEG