Street Talk

Azure Capital kicks off Carnarvon selldown; Beach tipped to look

Anthony Macdonald, Sarah Thompson and Kanika Sood

Mar 31, 2022 – 9.35pm

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Azure Capital’s bankers have ramped up the buyer search for a stake in listed oil and gas explorer Carnarvon Energy’s Dorado joint venture, which it owns alongside giant Santos.

Santos and Carnarvon Energy expect to make a final investment decision on Dorado by mid-2022.

Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com

Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com

Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au