Sequa Petroleum N.V. Funding Update
(Thomson Reuters ONE) -
Further to its press release of 15 May, Sequa Petroleum N.V. ("Company")
announces that its 100% subsidiary Tellus Petroleum AS has now received NOK
358,863,837 from the Norwegian tax authorities in relation to its cessation of
E&P activity in Norway.
As previously stated, Management expects that debt restructuring and possibly
new equity and/or debt funds will enable the Company to progress selected high
quality appropriately sized acquisition targets of production and development
assets elsewhere that are value-accretive and provide cash flow.
Contacts:
Jacob Broekhuijsen, Chief Executive Officer
+44(0)203-728-4450 or info(at)sequa-petroleum.com
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Sequa Petroleum NV via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 20.06.2017 - 18:00 Uhr
Sprache: Deutsch
News-ID 548961
Anzahl Zeichen: 1184
contact information:
Town:
London
Kategorie:
Business News
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"Sequa Petroleum N.V. Funding Update"
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