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via smallcaps.com.auBusiness & Companies

Karoon Energy Doubles Quarterly Production on Baúna Output Recovery

FROM THE WIRE · SMALLCAPS.COM.AU

Karoon Energy more than doubled quarterly production to 2.27MMboe as Baúna recovered and Who Dat output grew, lifting revenue 64%.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishDoubling of production and 64% revenue growth are a positive operational signal for the energy sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Quarterly production more than doubled to 2.27 MMboe.
  2. 02Recovery at Baúna and higher Who Dat output supported the result.
  3. 03Revenue rose 64%.

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