logo-loader
viewColumbus Energy Resources PLC

Refinancing deal 'critically important' for LGO Energy PLC, says CEO Neil Ritson

LGO Energy PLC (LON:LGO) has announced “a major turning point” with news of a refinancing deal which will allow drilling to recommence at the Goudron Field in Trinidad.

Speaking to Proactive's Stocktube, CEO Neil Ritson says: ''The combination of an affordable loan, robust and profitable production operations and an active drilling program, will allow LGO to quickly return to underlying growth.''

Quick facts: Columbus Energy Resources PLC

Price: 1.825 GBX

AIM:CERP
Market: AIM
Market Cap: £17.21 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Smart Metering Systems boss expects to be at the forefront of UK's zero...

Smart Metering Systems PLC's (LON:SMS) chief executive Alan Foy says it has £76mln indexed linked annualised recurring revenues on the books with at least an additional £40mln in waiting when it converts its minimum secured order book of 2mln to smart meters. Foy explains that the company gets...

4 hours, 21 minutes ago

2 min read