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March 14, 2023
Karoon reports that the Neon-2 control well reached a final total depth of 2,357 metres MD on 7 March 2023. The well was spudded to the northeast of the Echidna-1 discovery well. Neon-2 encountered net oil pay of 105 metres and reservoir quality similar or better than Echidna-1 and Neon-1, and with a similar pressure regime.

February 21, 2023
Australian oil and gas company Karoon Energy has elected to drill the second control well at the Neon discovery offshore Brazil…
November 23, 2022
Australian oil and gas company Karoon Energy has drilled the second of two new production wells at its Patola field offshore Brazil…
November 22, 2022
Karoon Energy reports that, following the successful completion of PAT-2, the second of two new production wells in the Patola field in the BM-S-40 production license offshore Brazil, first production is targeted to commence in the first quarter of CY2023, with a short plateau production rate of more than 10,000 bopd expected, prior to the onset of natural decline.