Karoon Energy Ord Shs KRNGF

Energy Oil & Gas E&P

Karoon Energy Ltd is an Australia-based international oil and gas exploration and production company with assets in Brazil, the United States of America and Australia. The Company has two key producing assets, such as the Bauna Project in the Santos Basin, Brazil and the Who Dat assets in the Gulf of Mexico, the United States of America. Its 100% owned and operated Bauna Project (which comprises the Bauna, Piracaba and Patola oil fields) is located in the BM-S-40 production license in the southern Santos Basin, offshore Brazil. It also holds a 100% interest in the undeveloped Neon oil field, located approximately 60 kilometers northeast of Bauna. The Bauna Project consists of 12 sub-sea wells which are connected through sea-bed flowlines. The Who Dat producing assets comprise the Who Dat, Dome Patrol and Abilene oil and gas fields and associated infrastructure. The fields are located in the Mississippi Canyon, offshore Louisiana in approximately 800 meters water depth.

OTCPK:KRNGF - Post by User

Karoon Energy Ord Shs

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Post by Poppson Apr 04, 2013 6:52pm

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Post# 21213093

Woops !

If shares ever trade again in the US (as I type this, last US trade: 9 days ago), they will look like hell. Current translation from Karoon's Austrailian exchange price (ticker: KAR.ax) + forex currency rates puts active trading at US$4.74/share vs.US $6.50 last trade in US (KRNGF). I have an order in to buy more at just above just above 52 week low..... hope it doesn't execute, but I ain't givin' up ! Regards, Popps P.S.> Here's a link to US Dollar >> Australian Dollar exchange rate (and reverse)that helps translate the currency values: https://www.bloomberg.com/quote/AUDUSD:CUR

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