Management shakeup at Karoon following Brazilian acquisition

FOUNDER and chief executive Robert Hosking will retire from the wheel of ASX-listed oil and gas producer Karoon Energy, following the announcement on Monday the company would commit to buying a $1 billion asset in offshore Brazil.

Management shakeup at Karoon following Brazilian acquisition Management shakeup at Karoon following Brazilian acquisition Management shakeup at Karoon following Brazilian acquisition Management shakeup at Karoon following Brazilian acquisition Management shakeup at Karoon following Brazilian acquisition

Karoon shrugged off ongoing global uncertainty and committed to buying the Bauna oilfield in the Santos Basin from Petronas this week.

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