Australia's Karoon Energy cuts 2026 production forecast on US project delay

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June 16 (Reuters) - Australia's Karoon Energy KAR.AX on Tuesday lowered its total production forecast for 2026 due to a delay in restarting its U.S.-based Who Dat joint venture.

The oil and gas producer now expects total production for the year to be between 7.2 and 8.2 million barrels of oil equivalent (MMboe), lower than the previous forecast of 8.1 to 9.2 MMboe.


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