Heavyweight investors are demanding the Carnarvon Energy leadership team quit amid frustration over the handling of a major offshore gas project majority owned by Santos.
Russell Delroy’s Nero Resources Fund and Collins St Asset Management are gunning for long-standing Carnarvon chairman Bill Foster, managing director Adrian Cook and the rest of the board, bar one director.
Loading...
Brad Thompson writes across business and politics from Western Australia for The Australian Financial Review. Brad is based in our Perth bureau. Connect with Brad on Twitter. Email Brad at brad.thompson@afr.com
