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Karoon Energy (ASX:KAR) Other Long Term Assets : A$165 Mil (As of Dec. 2023)


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What is Karoon Energy Other Long Term Assets?

Karoon Energy's other long-term assets for the quarter that ended in Dec. 2023 was A$165 Mil.

Karoon Energy's quarterly other long-term assets increased from Dec. 2022 (A$200 Mil) to Jun. 2023 (A$1,389 Mil) but then stayed the same from Jun. 2023 (A$1,389 Mil) to Dec. 2023 (A$165 Mil).

Karoon Energy's annual other long-term assets increased from Jun. 2021 (A$1,020 Mil) to Jun. 2022 (A$1,228 Mil) and increased from Jun. 2022 (A$1,228 Mil) to Jun. 2023 (A$1,389 Mil).


Karoon Energy Other Long Term Assets Historical Data

The historical data trend for Karoon Energy's Other Long Term Assets 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.

* Premium members only.

Karoon Energy Other Long Term Assets Chart

Karoon Energy Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Other Long Term Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.76 59.53 1,019.57 1,228.23 1,389.28

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
Other Long Term Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 133.68 1,228.23 199.77 1,389.28 165.09

Karoon Energy Other Long Term Assets Calculation

GuruFocus lists Investments And Advances, Intangible Assets, Property, Plant and Equipment and Other Long Term Assets under the "Total Long-Term Assets" section.

Other Long Term Assets includes following items:
Investment in Properties
Non-current Accounts Receivable
Non-current Note Receivables
Non-current Deferred Assets
Non-current Prepaid Assets
Defined Pension Benefit
Other (too numerous to list)
Some companies can do choose to report each of these items separately. Yet, there are a variety of Other Long Term Assets which are simply too numerous to list.


Karoon Energy (ASX:KAR) Business Description

Traded in Other Exchanges
Address
6 Riverside Quay, Level 3, Suite 3.02, Southbank, Melbourne, VIC, AUS, 3006
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.

Karoon Energy (ASX:KAR) Headlines