Santos Basin
Blocks S-M-1037, S-M-1101, S-M-1102, S-M-1165, S-M-1166 and S-M-1537
Karoon entered Brazil during 2008 through Bid Round 9 acquiring 5 off-shore blocks in the Santos Basin located approximately 200 kilometers off the coast in the State of Sáo Paulo, Brazil.
Tumbes Basin
During 2008 Karoon acquired a 20% equity interest in Block Z-38 in the Tumbes Basin offshore Peru. This was subsequently increased to 75% before a successful farm-out of 35% to Tullow Peru Limited in January 2018, leaving Karoon with a 40% interest.
See more +Carnarvon Basin
The Carnarvon Basin is one of Australia’s largest and most prolific oil and gas regions. The basin is host to multiple world scale LNG projects, a number of oil projects and is also a region being actively explored by major international oil companies.
See more +Browse Basin
The Browse Basin is an undeveloped condensate rich gas basin with a discovered resource in excess of 30Tcf with additional highly prospective exploration opportunities remaining.
See more +Ceduna Sub-Basin
Karoon was awarded exploration permit EPP46 during October 2016. The permit covers 17,793 square kilometres of Australia's most active and prospective frontier oil exploration province, the Ceduna Sub-Basin, in the Great Australian Bight ('GAB'), offshore South Australia
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Overview
Karoon Gas Australia Ltd (Karoon) is a global oil and gas exploration company headquartered in Melbourne, Australia, with country offices in Brazil and Peru.
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