Karoon Energy taps RBL for Bauna oil and gas field acquisition
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...