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Terms out for Melbana Energy’s $12.5m raise

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Listed oil and gas explorer Melbana Energy was looking to raise $12.5 million on Monday morning with room for $2.5 million in oversubscriptions, after sounding fund managers over the weekend.

Street Talk.  Louie Douvis

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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

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Original URL: https://www.afr.com/street-talk/terms-out-for-melbana-energy-s-12-5m-raise-20220314-p5a4h3