Seplat Energy Subsidiary's $50M Offtake Facility

Source: www.gulfoilandgas.com 7/19/2021, Location: Africa

Seplat Energy Plc, a leading Nigerian independent energy company listed on both the Nigerian Exchange Limited and the London Stock Exchange, announces that its wholly owned subsidiary, Westport Oil Limited, has successfully raised a US$50 million offtake linked reserved based lending facility due April 2027 (the "Offtake Facility"). The Offtake Facility is subordinated to the US$110 million senior reserve based lending facility (the "RBL"). The Offtake Facility carries initial interest of Libor + 10.5% payable semi-annually and is scheduled to commence repayment from March 2023.


Chile >>  8/5/2022 - Innergex Renewable Energy Inc. (TSX: INE) (“Innergex” or the “Corporation”) announces the successful completion of a US$803.1 million (CAN$1.032 billi...
Sweden >>  8/5/2022 - Highlights
- USD 12.9 billion gain recorded to income statement resulting from the lex asea distribution related to the Aker BP transaction
...


Turkey >>  8/5/2022 -  Valeura Energy Inc. (VLE) (“Valeura”), the upstream oil and gas company with assets in the Thrace Basin of Turkey and in the offshore Gulf of Thailan...
United States >>  8/5/2022 - Global Partners LP (GLP) (“Global” or the “Partnership”) reported financial results for the second quarter ended June 30, 2022. ...

Canada >>  8/4/2022 - Murphy Oil Corporation (MUR) announced its financial and operating results for the second quarter ended June 30, 2022, including net income attributab...
China >>  8/4/2022 - -Expro Group Holdings N.V. (XPRO) (“Expro”) reported financial and operational results for the three and six months ended June 30, 2022.




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