Karoon Energy taps RBL for Bauna oil and gas field acquisition

In:

Oil & gas

Region:

Americas

By Niamh Curran

Karoon Energy is expected to reach financial close in June on the first tranche of debt stapled to its reserve-based lending (RBL) facility backing the acquisition of Petrobras' 100% stake in the Buana oil and gas field in Brazil.In mid-2019, Karoon agreed to pay $665 million for the Bauna...

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