Karoon Energy (ASX:KAR) Inventories, Other : A$28 Mil (As of Dec. 2023)

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What is Karoon Energy Inventories, Other?

Other inventories including goods for resale, stocks in transit, consignment stocks, etc. Karoon Energy's other inventories for the quarter that ended in Dec. 2023 was A$28 Mil.

Karoon Energy's quarterly other inventories declined from Dec. 2022 (A$22 Mil) to Jun. 2023 (A$13 Mil) but then increased from Jun. 2023 (A$13 Mil) to Dec. 2023 (A$28 Mil).

Karoon Energy's annual other inventories increased from Jun. 2021 (A$14 Mil) to Jun. 2022 (A$28 Mil) but then declined from Jun. 2022 (A$28 Mil) to Jun. 2023 (A$13 Mil).

Karoon Energy Inventories, Other Historical Data

The historical data trend for Karoon Energy's Inventories, Other can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Karoon Energy Inventories, Other Chart

Karoon Energy Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Inventories, Other

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2.14

14.33

27.61

12.96

Karoon Energy Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventories, Other	Get a 7-Day Free Trial															8.92	27.61	21.93	12.96	27.94

Karoon Energy Inventories, Other Calculation

Other inventories including goods for resale, stocks in transit, consignment stocks, etc.

Karoon Energy (ASX:KAR) Business Description

Industry

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KRNGY:USA KRNGF:USA LBL:Germany

Address

6 Riverside Quay, Level 3, Suite 3.02, Southbank, Melbourne, VIC, AUS, 3006

Website

https://www.karoonenergy.com.au

Karoon produces around 8 million barrels of oil annually from its wholly owned Bauna field in Brazil's offshore Santos basin. The company acquired Bauna from Petrobras in 2020 and has been steadily increasing production via well interventions and new developments. Field life is approaching eight years based on proven and probable 2P reserves of 55 million barrels at end December 2022, though this excludes a further 82 million barrels in 2C contingent resources which which have potential to increase life further. We credit life of approximately 10 years, assuming partial conversion of 2C contingent resources into reserve category with drilling. There are also prospective untested targets within Karoon's permits which could potentially add further reserves in the medium term.