logo-loader
Columbus 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: £0.05

Market: AIM
Market Cap: £38.22 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...

In exchange for publishing services rendered by the Company on behalf of Columbus Energy Resources PLC named herein, including the promotion by the Company of Columbus Energy Resources PLC in any Content on the Site,...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Columbus Energy's Koot details upcoming drill programme and significant new deal

Leo Koot, chief executive of Columbus Energy Resources PLC (LON:CERP), talks Proactive London's Andrew Scott through the plans for an upcoming drill campaign on the South West Peninsula as well as touches on some of the early detail around an 'exclusive M&A deal' which he's currently...

on 17/4/19

2 min read