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IN BRIEF: IGas Energy completes facility redetermination process

Fri, 10th Feb 2023 11:51

IGas Energy PLC - London-based onshore energy company - Completes its scheduled six-monthly reserves based lending facility redetermination process. This confirms USD17.0 million of debt capacity. Net debt at December 31 was USD7.3 million. The next RBL redetermination is scheduled to take place in June 2023.

Current stock price: 20.10 pence

12-month change: up 23%

By Sophie Rose, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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