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Brazil: Karoon Energy drills successful second control well at the Neon discovery, Santos basin

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.

Julian Fowles Karoon Energy Measured Depth Noble Developer Contingent Resources Executive Officer

Brazil: Karoon provides Patola field development update

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.
Julian Fowles Karoon Energy Noble Developer Maersk Developer Cidade De Itaja Managing Director

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