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KRNGF (Karoon Energy) Inventories, Finished Goods : $0.0 Mil (As of Jun. 2024)


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What is Karoon Energy Inventories, Finished Goods?

Karoon Energy Inventories, Finished Goods Historical Data

The historical data trend for Karoon Energy's Inventories, Finished Goods can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
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Karoon Energy Inventories, Finished Goods Chart

Karoon Energy Annual Data
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Inventories, Finished Goods
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Karoon Energy Semi-Annual Data
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Karoon Energy Inventories, Finished Goods Calculation

The products in a manufacturer's inventory that are completed and are waiting to be sold.

Karoon Energy Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Karoon Energy Ltd (OTCPK:KRNGF) » Definitions » Inventories, Finished Goods
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Traded in Other Exchanges
KRNGY:USA LBL:Germany LBL:Germany KAR:Australia
Address
6 Riverside Quay, Level 3, Suite 3.02, Southbank, Melbourne, VIC, AUS, 3006
Website
https://www.karoonenergy.com.au
Karoon produces around 8 million barrels of oil annually from its wholly owned Bauna field in Brazil's offshore Santos basin. The company acquired Bauna from Petrobras in 2020 and has been steadily increasing production via well interventions and new developments. Field life is approaching eight years based on proven and probable 2P reserves of 55 million barrels at end December 2022, though this excludes a further 82 million barrels in 2C contingent resources which which have potential to increase life further. We credit life of approximately 10 years, assuming partial conversion of 2C contingent resources into reserve category with drilling. There are also prospective untested targets within Karoon's permits which could potentially add further reserves in the medium term.