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Karoon investor marketing has eyes on M&A, raising

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Brazilian oil play Karoon Energy boss Julian Fowles’ recent globe-trotting has investors thinking the company could be back knocking at their doors, asking their support for an M&A deal and associated funding package.

Fowles was in Brazil this time last week, hosting investors and analysts at its oil wells. That trip followed a non-deal roadshow in the United Kingdom earlier in September, organised by one of its house advisers, Macquarie Capital.

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Yolanda Redrup is the editor of the AFR Rich List. She previously reported on technology, healthcare and Street Talk. Connect with Yolanda on Twitter. Email Yolanda at yolanda.redrup@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
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

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Original URL: https://www.afr.com/street-talk/karoon-investor-marketing-has-eyes-on-m-and-a-raising-20220926-p5bkzu