SOUTH AMERICA

Karoon targets 2019 oil

KAROON Gas Australia has boosted the size of its 65%-owned Echidna oil discovery in Brazil's offs...

It gives the company a net 84MMbbl in contingent resources. Notwithstanding the Kangaroo revision, the addition of Echidna gives the company a material gross resource of 129MMbbl with its 35% partner...

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