Karoon Gas Australia Ltd. is an explores oil and gas and evaluation of hydrocarbons. It operates business through three segments: Australia Exploration, Brazil Exploration and Peru Exploration. The Australia Exploration segment involved in the exploration and evaluation of hydrocarbons in three offshore permit areas within the Browse basin, Australia: WA-314-P, WA-315-P, WA-398-P. The Brazil Exploration currently involved in the exploration and evaluation of hydrocarbons in five offshore blocks within the Santos basin, Brazil: Block S-M-1037, Block S-M-1101, Block S-M-1102, Block S-M-1165 and Block S-M-1166 and The Peru Exploration is currently involved in the exploration and evaluation of hydrocarbons in two blocks in Peru: Block 144 and Block Z-38.It has interest in projects, including Offshore Browse Basin, Offshore Bonaparte Basin, Offshore Santos Basin, Offshore Tumbes Basin and Onshore Maranon Basin. Karoon currently has five focus areas, the Browse Basin (Western Australia), Bonaparte Basin (Northern Territory), Tumbes Basin (Peru), MaraÃ±Ã³n Basin (Peru) and the Santos Basin (Brazil). Karoon Gas Australia was founded by Robert Michael Hosking on November 11, 2003 and is headquartered in Melbourne, Australia.