Seeking Alpha

Australian junior oil and gas explorer Karoon Gas (KRNGF) is fast shaping up as one of the most exciting junior oil and gas explorers operating in South America. The company has significant exploration properties and projects in Peru, Brazil and Australia. It has already made a significant gas discovery in Australia's offshore Browse Basin and 2 significant oil discoveries in Brazil's offshore Santos Basin. The quality of these assets and the potential that they hold make it an attractive acquisition target and any further successful development of those assets will boost the company's value.

Company profile and resources

Karoon Gas is domiciled in Australia and is listed in the Australian Stock Exchange (ASX) under ticker (KAR.AX),...

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