Karoon is an international oil and gas exploration and production company, listed on the ASX, with assets in Brazil and Australia.
| OUR VISION
Karoon’s vision is to be a leading, independent international energy company that adapts to a dynamic world in an entrepreneurial and innovative way. The Company’s purpose is to provide energy safely, reliably and responsibly, creating lasting benefits for all its stakeholders.
| OUR STRATEGY
- Deliver safe, reliable, responsible and cost-effective operations at Baúna, in conjunction with our partners.
- Assess the technical and commercial feasibility of a potential Neon Foundation development.
- Seek value-accretive producing/close to production asset(s) in Brazil and/or the US Gulf of Mexico, leveraging Karoon’s technical and commercial capabilities.
- Maintain a resilient balance sheet that is able to support expansion.
- Operate sustainably, implementing fit-for-purpose sustainability strategies.
- Build organisational capability and capacity to deliver organic and inorganic growth opportunities.
- Balance capital allocation between high value growth and returns to shareholders.
