Hummingbird Resources plc this week completed the US$25 million strategic refinancing of a portion of its existing loan facilities with principal financing partner Coris Bank International. KOUROUSSA The company said that the 24-month loan, with an annual 12% interest, would meet its existing loan obligations due in Q2 2024, providing a two-year deferment of “specific […]
Day: 16 September 2024
Kistos JV offered new acreage in GLA
Kistos Holdings plc has been offered seven new blocks or part blocks in the Greater Laggan Area, West of Shetlands in a joint venture with TotalEnergies. EXPLORATION On completion of the licensing round, Kistos will hold a 33.3% working interest in the acreage, with TotalEnergies as operator. The blocks and part blocks comprise 206/2a; 217/27; […]