MARKETS

Karoon Energy's oil revenues jump 66% in Q3, eyes M&A

Company's Brazilian president Antonio Guimarães set to step down this quarter

Karoon-vessel.jpg

Oil sales stood at 2.5 million barrels at an average net realised oil price of US$81.44/barrel during the three-month period. The Australian-listed offshore producer (ASX: KAR) noted that its oil production...

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