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Share Price: 6.20

Bid: 5.00

Ask: 6.22

Change: -0.03 (-0.53%)

Spread: 1.22 (24.40%)

Open: 6.20

High: 6.20

Low: 6.20

Prev. Close: 5.64

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IN BRIEF: Nostrum Oil & Gas Signs Forbearance Deal With Noteholders

Fri, 23rd Oct 2020 19:28

Nostrum Oil & Gas PLC - London-based exploration & production company - Signs forbearance agreement with noteholders, under which they have agreed to forbear from the exercise of certain rights and remedies that they have under the indentures governing the 8.0% senior notes due 2022 and 7.0% senior notes due 2025.

The agreed forbearances include agreeing not to accelerate the notes' obligations as a result of the missed interest payments.

Current stock price: 8.16 pence

Year-to-date change: down 52%

By Dayo Laniyan; dayolaniyan@alliancenews.com

More News

30 Jul 2019 10:11

Nostrum Oil & Gas Continue To Consider Its Options After Solid Half

(Alliance News) - Nostrum Oil & Gas PLC is continuing to work on its strategic review, it said on Tuesday, following a first-half production performance in line with which operates in basin, a

24 Jun 2019 09:06

Nostrum Oil Evaluates Sale Options; Buys Assets In Kazakhstan

(Alliance News) - Nostrum Oil & Gas PLC on Monday said it is considering the sale of the company as part of a wider strategic review to optimise value and pursue available growth exploration a

4 Jun 2019 16:48

Nostrum Oil & Gas Shareholders Show Dissent Over Remuneration

LONDON (Alliance News) - Nostrum Oil & Gas PLC on Tuesday noted a "significant minority" of shareholders have rejected its remuneration report and policy.At the annual general

30 May 2019 14:16

Nostrum Oil & Gas Begins Hot Commissioning At Third Gas Treatment Unit

LONDON (Alliance News) - Nostrum Oil & Gas PLC on Thursday said it has started hot commissioning of its third gas treatment unit located in the pre-Caspian basin in north west stock was 4.3% a

28 May 2019 16:01

UK Shareholder Meetings Calendar - Next 7 Days

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21 May 2019 10:08

Nostrum Oil & Gas Confident After "Solid" Start To 2019 Operationally

LONDON (Alliance News) - Nostrum Oil & Gas PLC on Tuesday reported a modest rise in quarterly sales volumes, leading to a similar rise in revenue and earnings.Sales volumes for the of a

26 Mar 2019 09:09

Nostrum Oil & Gas Posts Loss As Drilling Problems Lead To Impairment

LONDON (Alliance News) - A fall in oil sales volumes for Nostrum Oil & Gas PLC led to a decline in revenue, the company reported on Tuesday, while it has swung to a loss after an Nostrum on of

8 Mar 2019 11:13

Nostrum Oil & Gas Hires Ex-Shell Manager As Chief Operating Officer

LONDON (Alliance News) - Nostrum Oil & Gas PLC said on Friday it has appointed Robert Tinkhof as chief operating officer with immediate effect.He will be replacing Heinz Wendel, who has

28 Feb 2019 15:17

Nostrum Appoints Morgan As Alternative Director For Arrested Calvey

LONDON (Alliance News) - Nostrum Oil & Gas PLC on Thursday said it has approved an appointment of Ralph Tavakolian Morgan as an alternative director who may act for Non-Executive Director in a

18 Feb 2019 15:11

Moody's Cuts Nostrum's Corporate Family Rating To B3, Outlook Stable

LONDON (Alliance News) - Moody's Investors Service on Monday downgraded Nostrum Oil & Gas PLC's corporate family rating to B3 from B2, with a stable outlook.The ratings agency a

29 Jan 2019 10:44

WINNERS & LOSERS SUMMARY: Royal Mail And Domino's Fail To Deliver

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Tuesday.----------FTSE 100 - WINNERS----------DS up the

29 Jan 2019 09:51

Nostrum Oil & Gas Expects 2018 Revenue Slip On Lower Oil Output

LONDON (Alliance News) - Nostrum Oil & Gas PLC on Tuesday said it expects to report a slight decline in its revenue for 2018 following a 4.0% fall in oil production from the pre-Caspian in of

30 Nov 2018 15:00

CORRECT: Nostrum Oil & Gas Propose Remuneration Changes On Opposition

(Correcting that Nostrum had now amended terms of its incentive plan)LONDON (Alliance News) - Nostrum Oil & Gas PLC said Friday its non-executive directors have agreed to not accept the

30 Nov 2018 11:46

Nostrum Oil & Gas Propose Remuneration Changes On Investor Opposition

LONDON (Alliance News) - Nostrum Oil & Gas PLC said Friday its non-executive directors have agreed to not accept share awards under the firm's incentive programme after engagement with and

27 Nov 2018 10:48

WINNERS & LOSERS SUMMARY: Thomas Cook Drops After Profit Warnings

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Tuesday.----------FTSE 100 - HBC, up 5.5%. UBS raised the soft drinks to

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IN BRIEF: Nostrum Oil & Gas Signs Forbearance Deal With Noteholders

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