EXPLORATION

Liberty gets a better offer from Karoon

FRESH from pulling the trigger on a $250 million farmout of its Brazilian permits, Karoon has bagged a total stake in WA-482-P in the north Carnarvon Basin — a permit that was only just awarded to Liberty Petroleum.

James McGrath

Liberty Petroleum beat four other bidders during the latest round of offshore permit grants for WA-482-P by committing to a $96.5 million program of seismic plus an exploration well. It also outlined...

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