Karoon Energy Limited (ASX:KAR) is an Australian-based independent oil and gas exploration and production company with assets in Brazil and Australia. The company's vision is to be a leading, independent international energy company that adapts to a dynamic world in an entrepreneurial and innovative way. Karoon's operations are focused on the exploration, development, and production of oil and gas. The company has a number of producing assets in Brazil, including the Baúna field, the Patola field, and the Neon field. Karoon is also exploring for new oil and gas resources in Brazil and Australia.