Latest Breaking News On - ஷெல் ப்ரொடக்ஶந் வளர்ச்சி நிறுவனம் - Page 1 : comparemela.com
Co-location and Crude pipelines: Lessons from telcos for Nigeria s oilEnergy — The Guardian Nigeria News – Nigeria and World News
guardian.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from guardian.ng Daily Mail and Mail on Sunday newspapers.
Nigeria: San Leon Energy provides update on its investment in the Oza field
02 Feb 2021
Further to its previous announcements,
San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, has provided an update on the funding arrangements by
Decklar Petroleum to develop the
Oza oil field in Nigeria. When fully disbursed, the funding is expected to be sufficient to re-establish oil production and provide development funding for the Oza oil field.
Update Regarding Funding Arrangements
The due diligence required to finalise the term debt to Millenium Oil and Gas Company Limited, Decklar s local partner, arranged with a Nigerian bank and the trading subsidiary of a large multinational oil company active in Nigeria has progressed and the final report by the independent technical consultant that they contracted, which is based on a review of reserve and production data and financial projections, has been issued. The definitive loan d
Share:
Decklar Resources Inc. (DKL-TSX Venture)
(the Company ) is pleased to provide an update to previously announced funding arrangements by its wholly-owned Nigeria-based subsidiary, Decklar Petroleum Limited, to develop the Oza Oil Field in Nigeria. When fully disbursed, these funds are expected to be sufficient to re-establish oil production and provide development funding for the Company s Oza Oil Field. The details of the funding plans are included in the Company s August 31, 2020 press release.
Update Regarding Funding Arrangements
The due diligence required to finalize the term debt arranged with a Nigerian bank and the trading subsidiary of a large multinational oil company active in Nigeria has progressed, and the final report by the independent technical consultant they contracted and based on review of reserve and production data and financial projections has been issued. The definitive loan documents are now being finalized and are anticipated to be issued by the e
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Language
Certain statements made and information contained herein constitute forward-looking information (within the meaning of applicable Canadian securities legislation). All statements in this news release, other than statements of historical facts, including statements with respect to the Company satisfying all outstanding conditions precedent in order to complete the transaction with San Leon are forward-looking statements. Such statements and information (together, forward looking statements ) relate to future events or the Company s future performance, business prospects or opportunities.
vimarsana © 2020. All Rights Reserved.