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EXPLORATION

Karoon drills a Peruvian duster but looks to Brazil

Bauna acquisition near complete giving oiler 20,000bopd with more to come 

Helen Clark
The Bauna field

The Bauna field

The well, in the Tumbes Basin, is owned by Karoon (40%) Tullow Oil (35%) and Pitkin Petroleum (25%).    It had a 22% chance of success and was targeting some 250 million barrels of oil with 40% net...

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