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Karoon Gas Australia Ltd (KAR.AX)

KAR.AX on Australia Stock Exchange

1.19AUD
20 Oct 2017
Change (% chg)

$-0.03 (-2.06%)
Prev Close
$1.22
Open
$1.21
Day's High
$1.21
Day's Low
$1.18
Volume
456,199
Avg. Vol
399,859
52-wk High
$2.63
52-wk Low
$1.12

Latest Key Developments (Source: Significant Developments)

Karoon Gas Australia says it won bid for offshore block in Santos Basin, Brazil
Thursday, 28 Sep 2017 12:58am EDT 

Sept 28 (Reuters) - Karoon Gas Australia Ltd ::Successfully bid for offshore block in Santos Basin in Santa Catarina State, Brazil.  Full Article

Karoon Gas Australia updates on agreement with Petrobras
Thursday, 30 Mar 2017 12:47am EDT 

Karoon Gas Australia Ltd : Petrobras has notified karoon that process relating to sale of Baúna and Tartaruga Verde has been withdrawn .Petrobras has advised that it intends to reinitiate a sales process for assets.  Full Article

Karoon Gas Australia issues update on acquisition of Brazil assets
Thursday, 16 Mar 2017 07:30pm EDT 

Karoon Gas Australia Ltd : Asx alert-Brazil assets acquisition update-kar.ax . "Karoon understands that petrobras is continuing with court proceedings to have interim injunction lifted" . Current status of court proceedings is that karoon filed its legal defence in respect of main court proceedings during february 2017 . Like to clarify TCU decision is separate and distinct from court proceedings on 25 oct 2016 in court of sergipe against petrobras . "karoon welcomes decision by tcu relating to petrobras' broader divestment process" . Provide an update with respect to disposal by Petróleo Brasileiro S.A. Of Baúna and Tartaruga Verde fields .Interim injunction relating specifically to potential sale remains in force, suspending further negotiations between Petrobras and Co.  Full Article

Karoon Gas Australia updates on Brazil assets acquisition
Monday, 19 Dec 2016 08:48pm EST 

Karoon Gas Australia Ltd : Court has now entered a recess period until 20 January 2017 . Karoon has been advised that federal court of Sergipe has rejected Petrobras' appeal to lift injunction .Brazil assets acquisition update-kar.ax.  Full Article

Karoon Gas Australia Ltd updates on Brazil assets acquisition
Monday, 19 Dec 2016 08:27pm EST 

Karoon Gas Australia Ltd : Karoon Gas Australia Ltd - Brazil assets acquisition update-KAR.AX . Court has now entered a recess period until 20 January 2017 .Karoon has been advised that Federal Court Of Sergipe has rejected Petrobras' appeal to lift injunction.  Full Article

Karoon Gas Australia updates on Brazilian court proceedings
Wednesday, 7 Dec 2016 07:33pm EST 

Karoon Gas Australia Ltd - : Petrobras asset divestment update . Refers to announcement in relation to brazilian court proceedings that have been initiated by José Hunaldo Nunes Santos .As preferred bidder in sale process, Karoon has now been joined to these proceedings.  Full Article

Karoon Gas Australia updates on Brazilian court proceedings
Wednesday, 7 Dec 2016 05:58pm EST 

Karoon Gas Australia Ltd - : Petrobras asset divestment update . Refers to announcement in relation to brazilian court proceedings that have been initiated by José Hunaldo Nunes Santos .As preferred bidder in sale process, Karoon has now been joined to these proceedings.  Full Article

Karoon Gas Australia confirms negotiations with Petrobras
Thursday, 6 Oct 2016 08:18pm EDT 

Karoon Gas Australia Ltd : Karoon confirms negotiations with Petrobras . Confirms it has been awarded right to negotiate a final agreement with petrobras . Awarded right to negotiate agreement, conduct confirmatory due diligence for acquisition of interest in Baúna Project, Tartaruga Development Project .Next stage of negotiation follows almost 12 months of a competitive bidding process.  Full Article

Karoon eyes Campos, Santos, Espirito Santo basins in Brazil auction

RIO DE JANEIRO Karoon Gas Australia Ltd is eyeing prospects in Brazil's Campos, Santos and Espirito Santo basins in this month's auction of oil and gas exploration rights, a company executive told Reuters.