MARKETS

Karoon cancels oil field buy

Atlanta out after due diligence cannot be completed in time

Karoon acreage expansion iced

Karoon acreage expansion iced

The mid-cap oiler had planned to acquire a 50% non-operated stake in the Atlanta oil field, which could have doubled its reserve base, and ticked the box for value-accretive, inorganic expansions. Atlanta...

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