Independent Oil & Gas (IOG)# has announced that the Skipper appraisal well has now been rescheduled to drill in early July 2016. IOG is 100% owner and operator of the Skipper field and the previous contract with Transocean for the drilling of the well has been renewed with advance payment of US$1.73m to be part settled by the issue of 2.7m shares at 18.375p with the balance paid from IOG’s loan facilities or settled via share issuance


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VSA Morning Flow Test
- Published:
07 Jun 2016 -
Author:
VSA Research Team -
Pages:
4 -
Independent Oil & Gas (IOG)# has announced that the Skipper appraisal well has now been rescheduled to drill in early July 2016. IOG is 100% owner and operator of the Skipper field and the previous contract with Transocean for the drilling of the well has been renewed with advance payment of US$1.73m to be part settled by the issue of 2.7m shares at 18.375p with the balance paid from IOG’s loan facilities or settled via share issuance