Browsing Tag
Karoon Energy Limited
2 posts
Karoon Energy (ASX: KAR) cuts Baúna guidance after new SPS-92 fault defers 3,500 barrels a day
Karoon Energy Limited has reduced 2026 production guidance for its Baúna Project after another electrical fault at the SPS-92 well forced output to be curtailed, deferring roughly 3,500 barrels a day and increasing unit-cost expectations.
October 2, 2026
Karoon Energy (ASX: KAR) shares fell 28% in a month. Can 22,000 barrels a day from Baúna power a recovery?
Karoon has restored every Baúna well, but Who Dat delays and Brazil’s export tax still weigh. Can stronger second-half cash flow revive ASX: KAR?
July 13, 2026