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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: 2 GBX

AIM:CERP
Market: AIM
Market Cap: £18.36 m
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