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Financials and Investment News

TouchstoneCcloses $11.6 million Private Placement
Trinidad and Tobago >> 2/20/2020 - Touchstone Exploration Inc. announces that further to the Company's announcement on February 19, 2020 regarding the proposed placing (the "Placing"), the Company has placed 22,500,000 new common share...
Borr Drilling Enters New Financing Arrangement for Newbuild Jack-up Drilling Rig
Bermuda >> 2/17/2020 - Borr Drilling Limited has entered into a new financing arrangement for the newbuild jack-up rig Tivar, scheduled to be delivered from the yard in July 2020. The existing US$50 million bank delivery fi...
Equity Placing and Conversion of Shareholder Loans
Ireland >> 2/17/2020 - Lansdowne Oil & Gas plc has raised £488,000 by way of a placing of 81,333,333 new ordinary shares of 0.1 pence each (the "Placing Shares") with existing investors (the "Placees") at a placing price of...
Seabird Announces Uupdate on Strategy & Financing
Cyprus >> 2/17/2020 - In reference to the Strategy Update released on November 7th last year, Seabird Exploration Plc announces the following: ...
Bahamian Mutual Fund Update
Bahamas >> 2/14/2020 - Bahamas Petroleum Company, the oil and gas exploration company with significant prospective resources in licences in The Commonwealth of The Bahamas, is pleased to provide the following update in rega...
Mosman Oil and Gas Raises GBP 300,000 via Placing
United States >> 2/14/2020 - Mosman Oil and Gas Limited the oil exploration, development and production company, announces that the Company has raised £300,000 (before expenses) (the "Fundraising") to fund the delivery of its Ref...
Zenith Announces Private Placement to Raise Gross Proceeds of up to GBP 300,000
United Kingdom >> 2/13/2020 - Zenith Energy Ltd., the international oil & gas production company, plans to issue up to 20,000,000 new common shares (“Private Placement”) to existing UK institutional shareholders, as well as a sele...
TGS Announces Strong Cash Flow & 39% Dividend Growth
United States >> 2/12/2020 - TGS reported net segment revenues of USD 232 million for Q4 2019, a growth of 23% compared to USD 188 million in Q4 2018. The strong performance was mainly driven by improved sales momentum in Latin A...
President Proposes $188.8M in Fiscal Year 2021 for BOEM
United States >> 2/10/2020 - President Trump proposed a $188.8 million Fiscal Year (FY) 2021 budget for BOEM to safely and responsibly manage offshore energy and mineral resources. ...
InfraStrata Acquires Asset Backed Term Debt Facility
United Kingdom >> 2/10/2020 - InfraStrata, the UK quoted company focused on strategic infrastructure projects and physical asset life-cycle management, is pleased to announce that its subsidiary, Harland and Wolff (Belfast) Limite...
Impact Oil & Gas Announces Capital Raising of $40million
Namibia >> 2/7/2020 - Impact Oil & Gas Limited, the privately-owned, African-focused exploration company, is pleased to announce that it has secured funds, with gross proceeds of approximately USD 40 million, by way of an ...
DNO Reports Record Revenues, Production; Steps Up Returns to Shareholders
Norway >> 2/6/2020 - DNO ASA, the Norwegian oil and gas operator, reported interim 2019 revenues of USD 971 million, the highest in the Company's 48-year history, on the back of acquisitions and a record drilling campaign...
Wood Reaches Agreement to Sell Industrial Services Business
United Kingdom >> 2/5/2020 - John Wood Group PLC announces the sale of its industrial services business to technical services provider, Kaefer, for an initial cash consideration of circa $104 million and a further potential payme...
NASCO Completes Investment Grade Refinance
United States >> 2/4/2020 - NASCO Energie & Rohstoff AG (NASCO), has completed a securitization transaction to refinance the debt secured by its helium assets at DBK Field in Arizona. The $83 million securitization transaction f...
Solo Oil Provides Update on Proposed Transaction with ONE Dyas
Netherlands Antilles >> 2/4/2020 - Solo, the AIM investing company, targeting attractive production and development opportunities within the European gas market, announces that, further to the update provided by the Company on 20 Decem...
Genel Energy PLC Receives Payment for KRI Oil Exports
Iraq >> 1/8/2020 - Genel Energy plc has announced that the Taq Taq partners have received a gross payment of $6.7 million from the Kurdistan Regional Government ('KRG') for oil sales during August 2019. Genel's net shar...
Loan to Anglo African Oil & Gas plc
Congo >> 1/6/2020 - Zenith Energy Ltd., has reached an agreement to provide a secured loan facility ( the “Facility”) to Anglo African Oil & Gas plc (“AAOG”) for a total amount of £250,000. ...
Occidental Announces Successful Strategic and Financial Initiatives
United States >> 1/6/2020 - Occidental Petroleum Corporation provided an update on its execution against key strategic and financial initiatives designed to maximize shareholder value following the close of its acquisition of An...
Project Finance Documentation Signed for Amur Gas Processing Plant
Russia >> 12/24/2019 - Gazprom Pererabotka Blagoveshchensk and Gazprom completed the signing of project finance documentation for the construction of the Amur Gas Processing Plant (GPP). ...
APICORP Agrees $250M in Loans with Sonatrach Subsidiary
Algeria >> 12/23/2019 - The Arab Petroleum Investments Corporation (APICORP) said it has agreed to two loans worth a combined $250 million with Sonatrach Petroleum Investment Corporation, a subsidiary of Algerian state-owned...

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