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KATO

Description

KATO is an Australian energy company that is planning to develop multiple small marginal discovered fields which are currently uneconomic and subsequently ‘stranded’.  The shareholders of KATO are Tamarind Australia Pty Ltd, Aviemore Capital Pty Ltd, and Wisdom Frontier Limited.  KATO Energy  was formed to combine 100% ownership of two foundation permits located on the North West Shelf of Western Australia, namely;  

  • WA-8-L for Amulet and Talisman 
  • WA-41-R for Corowa. 

Amulet and Corowa discoveries are the oilfields within these permits, which are uneconomic on a stand-alone basis.  The Talisman oilfield has already been produced and P&A’d, however due to its close proximity to Amulet it adds concurrent production value to the Amulet Development. Collectively, these oil fields represent an attractive economic development through the re-use of the facilities at each location. KATO will unlock the resource in these fields by using the relocatable honeybee production system to move from one field to the next.   

KATO Energy’s office is in Cottesloe, Western Australia. 

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