Karoon Gas (KAR): Winner

Submitted by Marco on Sat, 21/04/2007 - 07:03

Karoon Gas was the best performing company on the Australian sharemarket last week (Winner of the week for week 15 of 2007) closing 31 percent higher after winning extra acreage in the Browns Basin. The All Ordinaries closed the week at 6187.2 and the ASX200 closed at 6207.5.

Karoon Gas Australia Limited is listed on the Australian Stock Exchange (ASX) under stock code KAR. You can view their investor website here. KAR was listed on the ASX on 8 June, 2004. Karoon Gas's core focus and strategy is to identify, explore and develop acreage that is highly prospective for oil and gas. Karoon currently has two focus areas,the Browse Basin and the Western Gippsland Basin. Check your charts and good luck with your share trading!

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