Karoon Energy Posts Lower December 2025 Quarter Production, Sales Revenue

MT Newswires Live

01/27

Karoon Energy (ASX:KAR) reported December 2025 quarter production on a net revenue interest basis was 2.4 million barrels of oil-equivalent (MMboe), and sales revenue of $156.1 million, according to a Thursday Australian bourse filing.

Production on a net revenue interest basis and sales revenue for the quarter ended Dec. 31, 2024, were 2.6 million MMboe and $222.2 million, respectively, an earlier filing showed.

The company expects preliminary production for 2026 to be in the range of 8.1 MMboe to 9.2 MMboe and capital expenditure in the range of $110 million to $135 million, the filing said.

Shares of the company rose 1% in recent Tuesday trade.

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