KAR.ASX: Operational updates and revised CY26 production guidance

Operational updates and revised CY26 production guidance

Stock	Karoon Energy Ltd (KAR.ASX)
Release Time	16 Jun 2026, 10:02 a.m.
Price Sensitive	Yes

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Karoon Energy Revises CY26 Production Guidance

Key Points

Production through Who Dat E manifold delayed to 2H27
CY26 Who Dat production guidance revised to 1.2 to 1.5 MMboe
Total CY26 production guidance revised to 7.2 to 8.2 MMboe

Full Summary

Karoon Energy Ltd. announced operational updates and revised production guidance for CY26. The reinstatement of production through the Who Dat E manifold is delayed to the third quarter of 2026, with production expected to be restored in the second half of 2027. As a result, the company revised its CY26 production guidance for Who Dat to 1.2 to 1.5 MMboe. Total production guidance for CY26 is now 7.2 to 8.2 MMboe. Production from the A-1 ST well remains on schedule to commence by mid-year, and G-1 ST well operations are planned for 4Q26, pending final approvals.

Guidance

CY26 total production guidance revised to 7.2 to 8.2 MMboe

Outlook

Karoon Energy expects to restore Who Dat E manifold production in 2H27 and is reviewing and optimizing its 2026 investment expenditure.