Shareholders have savaged Karoon Energy after a mixed full-year result and disappointing forward outlook, marking shares in the Brazilian oil play down 7.5 per cent to $1.36 in late afternoon trade.
Karoon chief executive Julian Fowles admitted the result was “messy. Bloomberg
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Lucas Baird is a journalist based in The Australian Financial Review's Sydney office. Connect with Lucas on Twitter. Email Lucas at lucas.baird@afr.com
