
Australia’s Karoon Gas has received an approval from Brazilian authorities to change the work program on its blocks offshore Brazil in favor of progressing Echidna and Kangaroo projects to a future development phase.
Karoon has a 100% equity interest in Blocks S-M-1037, S-M-1101, S-M-1102, S-M-1165 and S-M-1166 in the Santos Basin located approximately 200 kilometers off the coast in the State of Sáo Paulo, Brazil.
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