<WIRE> Karoon Energy: June Quarter Oil Production at 1.68 Million Barrels (ASX:KAR)

Thursday, 27 July 2023

Karoon Energy Ltd:

2023 June quarter oil production: 1.68 million barrels.
June quarter average net realized oil price: US$73.10/BBL.
Sales revenue of US$122.7 million for June quarter.
Expected production for June 2024 to be higher than FY23, at 9 - 11 MMBBL.
Unit production cash costs to be lower at US$11 - 15/BBL for the next twelve months, ending June 2024.

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