Investors rally behind Byron to fund development in Gulf of Mexico

LARGE and institutional investors have rallied behind Australian oil and gas explorer Byron Energy to help fund the company’s final development phase of its South Marsh Island offshore oil project in the US Gulf of Mexico.

Investors rally behind Byron to fund development in Gulf of Mexico Investors rally behind Byron to fund development in Gulf of Mexico Investors rally behind Byron to fund development in Gulf of Mexico Investors rally behind Byron to fund development in Gulf of Mexico Investors rally behind Byron to fund development in Gulf of Mexico

Australian oil and gas producer Byron Energy was greeted with enthusiasm from larger shareholders for its future development plans.

 

Today, Byron confirmed it had successfully raised $16 million through a placement of 123.1 million shares at 13 cents.

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