Karoon Energy to acquire significant stakes in Gulf of Mexico oil fields for $720m

Karoon Energy to acquire significant stakes in Gulf of Mexico oil fields for $720m

Karoon Energy has taken a significant step in expanding its offshore operations by entering into binding arrangements to acquire a 30% interest in the Who Dat and Dome Patrol fields, located offshore Louisiana in the Gulf of Mexico. This deal, valued at US$720 million (A$1,152 million), also includes interests in the Abilene field and associated […]