Debt


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SDRL - Mandatory Par Redemption of 12.0% Senior Secured Notes Due 2025

Seadrill Limited ("Seadrill" or the "Company") announces a mandatory par redemption of approximately $126 million principal amount and accrued interest of its 12.0% Senior Secured Notes due 2025 (the "Notes"). In April 2018, we entered into an agreement with Jurong shipyard determining that our sh ...

OilVoice Press - OilVoice


Posted 2 months agoPress > SeadrillSDRLDebt +1

Savannah Petroleum - New US$50m Debt Facility

Savannah Petroleum PLC, the British independent oil and gas company focused around oil and gas activities in Niger and Nigeria, is pleased to announce the signature of a term sheet with a leading Geneva-based oil trading firm (“the Lender”), for a new US$50m debt facility (the “Facility”). The Fac ...

OilVoice Press - OilVoice


Posted 2 months agoPress > SVPSavannah PetroleumDebt +1

Trinity Exploration (AIM: TRIN): Interim Results; Profitable Growth and Debt Free

Interim Results Profitable growth and debt free Trinity, the independent E&P company focused on Trinidad & Tobago (“T&T”), announces its unaudited interim results for the six month period ended 30th June 2018 (“H1 2018” or “the period”). This was a transformative period for the Company, inclu ...

OilVoice Press - OilVoice


Posted 2 months agoPress > AIMTrinity ExplorationResults +5

Equinor: Execution of Debt Capital Market Transactions

On Wednesday September 5, 2018 Equinor ASA (OSE:EQNR, NYSE:EQNR), guaranteed by Equinor Energy AS, executed the following debt capital market transactions: - Issue of USD 1,000,000,000 3.625% Notes due September 10, 2028 The net proceeds from the issue of the Notes will be used for general ...

OilVoice Press - OilVoice


Posted 3 months agoPress > NYSEEquinorDebt +3

Trinity Exploration & Production plc (AIM: TRIN) - Debt Free

Trinity Exploration & Production plc (AIM: TRIN), the independent exploration and production company focused on Trinidad, is pleased to announce that it has now repaid all outstanding debt to the remaining holders of the convertible redeemable loan notes issued by the Company (the " Loan No ...

OilVoice Press - OilVoice


Posted 4 months agoPress > Trinity E&PTrinity Exploration & ProductionContracts & Claims +3

Trinity Exploration & Production plc -- Debt Repayment

Trinity Exploration & Production plc (AIM: TRIN), the independent exploration and production company focused on Trinidad, is pleased to announce that it has repaid all outstanding debt, amounting to US$4.2 million in aggregate, to the Board of Inland Revenue of Trinidad and Tobago (“BIR”) and th ...

OilVoice Press - OilVoice


Posted 4 months agoPress > Trinity E&PTrinity Exploration & ProductionDebt +3

Trinity Exploration & Production (AIM: TRIN): $20m Fundraise to Accelerate Growth and Repay Debt

Trinity Exploration & Production (AIM: TRIN) has conditionally raised $20m to accelerate growth and fully repay all outstanding debt and Loan Notes. As well as attracting new institutional investment via an oversubscribed placing, Directors and senior management participated in the fundraise by con ...

OilVoice Press - OilVoice


Posted 5 months agoPress > TrinityTrinity E&PTrinity Exploration & Production +4

Why Oil Prices Can’t Rise Very High, For Very Long

Oil prices are now as high as they have been for three years. At this writing, Brent is $74.14 per barrel and West Texas Intermediate is at $68.76. These prices aren't really very high, if a person looks at the situation from a longer term point of view than the last three years. Figure 1. EIA ...

Gail Tverberg


Posted 7 months agoOpinion > oil priceGail TverbergBrent +4