Independent Oil & Gas (IOG LN) has announced that following the successful reprocessing of seismic data at Harvey the company has increased its estimates of Prospective Resources and closed the previously announced £15m loan facility from London Oil & Gas, the proceeds of which will be used to drill the appraisal well. The terms of the funding are as previously announced.
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VSA Morning Flow Test
- Published:
14 Sep 2018 -
Author:
Oliver O’Donnell -
Pages:
3
Independent Oil & Gas (IOG LN) has announced that following the successful reprocessing of seismic data at Harvey the company has increased its estimates of Prospective Resources and closed the previously announced £15m loan facility from London Oil & Gas, the proceeds of which will be used to drill the appraisal well. The terms of the funding are as previously announced.