Angus update on lender talks and production
Angus Energy says its talks with its lender, Trafigura, are continuing over a proposed reverse takeover of US production assets and the revision of the loan repayment schedule.
Angus Energy says its talks with its lender, Trafigura, are continuing over a proposed reverse takeover of US production assets and the revision of the loan repayment schedule.
The operator of the UK’s largest onshore gasfield is working with its lender on the potential takeover of production assets off the southern USA.
UK Oil & Gas has announced it has secured a £3m loan to fund operations over the next 12 months.