Street Talk

Warrego Energy taps Petra Capital for $50m raising

Sarah Thompson, Anthony Macdonald, Tim Boyd and Yolanda Redrup

Jun 24, 2021 – 9.38am

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Perth basin oil and gas play Warrego Energy is cap in hand in front of investors asking them to help fund the group’s West Erregulla project.

Warrego Energy had stockbroker Petra Capital kick off a $50 million equity raising on Thursday morning, offering 227 million new shares at 22¢ each.

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.

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.

Tim Boyd is a journalist, based in Sydney, who writes for the Street Talk column.

Yolanda Redrup is the editor of the AFR Rich List. She previously reported on technology, healthcare and Street Talk.