Siem Offshore Reaches Agreement with the Canadian Lenders

Source: www.gulfoilandgas.com 7/2/2020, Location: North America

Secunda Canada LP, a 100% owned company of Siem Offshore Inc., has entered into a settlement agreement with all 3 of its Canadian lenders, where all debt is eliminated by a 61% payment. The requirement under the Standstill Agreement signed on 26th May 2020 to obtain participation by the Canadian banks is hereby satisfied.

Argentina >>  8/15/2022 - Echo Energy plc, the Latin American focused upstream oil and gas company, is pleased to announce the results of the Placing, further to the Company's ...
Argentina >>  8/12/2022 - Echo Energy plc, the Latin American focused Energy company, is pleased to announce a proposed comprehensive debt restructuring together with a placing...

Nigeria >>  8/12/2022 - Seplat Energy PLC ("Seplat" or the "Company"), a leading Nigerian independent energy company listed on both the Nigerian Exchange Limited and London S...
United Kingdom >>  8/12/2022 - Highlights
· Share placement commitments to raise A$14.9 million gross proceeds.
· Issue price of A$0.009 per share represents a 18.2% dis...

United States >>  8/12/2022 - The Board of Directors of Westlake Corporation authorized the company to repurchase an additional $500 million of shares of its common stock under its...
United States >>  8/12/2022 - Canadian Overseas Petroleum Limited ("COPL" or the "Company"), an international oil and gas exploration, production and development company with produ...




More News

Oil & Gas Companies in Canada >>

Related Links

Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.