ASX:KAROil and Gas
Is 2026’s Baúna FPSO Shift And Project Decisions Altering The Investment Case For Karoon Energy (ASX:KAR)?
In recent days, Karoon Energy highlighted a catalyst-heavy 2026 under new CEO Carri Lockhart, including planned final investment decisions for the Neon project in the second half of 2026, investment decisions on the Who Dat East and South projects in early 2026, and assuming full operatorship of the Baúna FPSO in mid-2026 to potentially lower operating costs.
Alongside recent technical analysis flagging a short-term downtrend in the share price, investor attention is shifting toward how...