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AAP

Derek Rose

Who Dat: Karoon Energy reveals record $126m profit

Oil ASX New Orleans

ASX-listed $1.5 billion oil and gas explorer Karoon Energy has posted a record profit. (Steven Saphore/AAP PHOTOS)

Karoon Energy has posted a record profit - and says its oil production is set to increase thanks to more contributions from its whimsically labelled oil well in the Gulf of Mexico.

The ASX-listed $1.5 billion oil and gas explorer posted a $122.5 million net profit after tax for the period, up 43 per cent from the $85.4 million in the six months to June 30.

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