We examine market reactions to farmout agreements undertaken by Australian oil and gas firms. Despite their prevalence in the oil and gas sector, there is a gap in the literature regarding empirical studies of farmout arrangements. Using a sample of 589 farmor and 389 farminee announcements over...

Despite growing importance of project loans in funding large-scale projects, there is a void in the literature examining market reactions to project financing. Using a unique hand-collected sample of project finance approval announcements by Australian-listed mining firms, we document a...