Karoon is an international oil and gas exploration and production company, listed on the ASX, with assets in Brazil, the United States of America 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 Brazil and at Who Dat in the US, in conjunction with our partners.
  • Assess the technical and commercial feasibility of a potential Neon Foundation development.
  • Seek value-accretive producing/close to production assets, 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.