Gulf Oil and Gas accountACCOUNT

Financials and Investment News

Completion of Disposal
Thailand >> 9/28/2020 - Mermaid Maritime Public Company Limited refers to its announcement ndated 15 September 2020 titled “Asia Offshore Drilling Limited – Exercise of Put Option by the Company”. All capitalised terms herei...
Agreement in Principle with Lenders on Main Terms
Norway >> 9/25/2020 - PGS ASA has reached an important milestone in the previously reported discussions with its lenders. The Company has come to an agreement in principle on main terms with the negotiation teams of the fi...
FAPE01 Bond Buyback
Norway >> 9/25/2020 - DNO ASA, the Norwegian oil and gas operator, purchased USD 1.2 million in nominal value of FAPE01 bonds (ISIN NO0010811268) originally issued by Faroe Petroleum plc, and renamed DNO North Sea plc. The...
Genel Energy Receives Payments for KRI Oil Sales
Iraq >> 9/25/2020 - Genel Energy plc announces that payments have been received from the Kurdistan Regional Government for oil sales during August 2020.

The Taq Taq partners have received a gross payment ...
Debt Service Guarantees on Yamal LNG Removed from NOVATEK
Russia >> 9/24/2020 - PAO NOVATEK announced that after fulfilling all the conditions stipulated by the Project's external bank financing, the debt service guarantees of Yamal LNG were formally removed from NOVATEK.
Proposed Placing and Proposed Debt Financing
United Kingdom >> 9/23/2020 - Angus Energy plc is pleased to announce that, with the support of Saltfleetby Energy Limited ("SEL"), its 49% partner in the Saltfleetby Gas Field (the "Field"), the Company has engaged Gneiss Energy ...
Key Information Relating to a Potential Subsequent Offering
Norway >> 9/23/2020 - Reference is made to the stock exchange release on 22 September 2020 where Borr Drilling Limited announced an equity offering of USD 40-50 million in shares (depository receipts to be listed on OSE) (...
Updates on (A) Loan Agreement with Kepinvest
Indonesia >> 9/23/2020 - The Board of Directors ("Board") of KrisEnergy Ltd. ("Company, and together with its subsidiaries, the “Group”), an independent upstream oil and gas company, wishes to provide updates on the following...
NOC Reports Revenues for July and August 2020
Libya >> 9/23/2020 - The National Oil Corporation (NOC) reported oil, gas and condensates export revenues of USD38.2 million in July 2020, a hugely damaging drop compared to USD2.1 billion in July 2019. This is the lowest...
TransAtlantic Announces Entry into Amended and Restated Loan
Bermuda >> 9/22/2020 - TransAtlantic Petroleum Ltd. announced that the Company has entered into an Amended and Restated Loan and Security Agreement.

Amended and Restated Loan and Security Agreement
On Sept...
Africa Energy Closes Books in Upsized Private
South Africa >> 9/22/2020 - Africa Energy Corp., an oil and gas company with exploration assets offshore South Africa and Namibia, announces that it has successfully completed the book-building for the previously announced equit...
Longboat Energy Announces Results for Half Year Ended 30 June 2020
United Kingdom >> 9/22/2020 - Longboat Energy, established by the former management team of Faroe Petroleum to build a significant North Sea-focused E&P business, has announced its half-year results for the six months ended 30 Jun...
Shelf Drilling Announces Amendment to Revolving Credit Facility
United Arab Emirates >> 9/22/2020 - Shelf Drilling, Ltd. announced that Shelf Drilling Holdings, Ltd. (“SDHL”), one of its indirect, wholly-owned subsidiaries, has entered into an amendment (the “Amendment”) of its USD 225 million revol...
Petrobras Announces Final Results of Its Cash Tender Offers
Brazil >> 9/21/2020 - Petrobras announced the final results of the previously announced offers to purchase for cash by its wholly-owned subsidiary Petrobras Global Finance B.V. (“PGF”), of any and all of its outstanding no...
Petroneft Receives Financing for Development on Licence 67
Russia >> 9/21/2020 - Following successful completion of the C4 extended well test at the Cheremshanskoye field on Licence 67 earlier this year, a non-binding Heads of Terms Agreement has been executed between the owner an...
OPT Enters Into New $12.5M Common Stock Purchase Agreement
United States >> 9/18/2020 - Ocean Power Technologies, Inc., a leader in innovative and cost-effective ocean energy solutions, has executed a new Common Stock Purchase Agreement (the "Purchase Agreement") with Aspire Capital Fund...
PGS Provides Update on Status of Lenders' Negotiations
Norway >> 9/18/2020 - PGS ASA informed in its Q2 and preliminary first half 2020 results presentation that the Company was in negotiations with its lenders to preserve liquidity in light of the dramatic negative market cha...
Fully Funded for Accelerated Work Program to Expand Production and Cashflow
Australia >> 9/18/2020 - Highlights:
- Capital raising well-supported and will raise a total of $15 million.
- Strong investor demand has enabled the conditional placement component to be increased to $7 million....
Armour Energy Provides Update on Capital Raising Program
Australia >> 9/18/2020 - Armour Energy has provided an update in relation to its capital raising program, as originally outlined in its previous announcement of 15 June 2020.

Capital Raising Program

...
ARENA Welcomes New Funding
Australia >> 9/17/2020 - The Australian Government announced new long term funding and an expanded focus for the Australian Renewable Energy Agency that will secure its future beyond 2022.

The Prime Minister and M...

Accounting, Statistics Acquisitions and Divestitures Asset Portfolio Management Economics/Financial Analysis General Insurance Investment Mergers and Acquisitions Risk Management
For Buyers
For Suppliers
Gulf Oil and Gas
Copyright © 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.