Karoon raises $150m for Browse project
Melbourne-based explorer Karoon Gas has raised $150 million that will help spur exploration of its joint venture project in the Browse Basin with ConocoPhillips.
Karoon said it had successfully placed 22.3 million shares at $6.70 each to raise a total of $149.6 million.
Shares in the company last traded at $7.17 at 13:17 AEST, up [...]
