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Share Price: 5.00

Bid: 4.80

Ask: 5.20

Change: -0.10 (-1.96%)

Spread: 0.40 (8.333%)

Open: 5.00

High: 5.02

Low: 5.00

Prev. Close: 5.10

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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

27 Mar 2018 11:20

Nostrum Oil & Gas Swings To Profit Despite Operational Difficulties

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20 Mar 2018 16:14

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31 Jan 2017 17:03

LONDON MARKET CLOSE: FTSE 100 Falls As Soft Dollar Strengthens Pound

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TOP NEWS: Nostrum Oil Beats Guidance But Production, Revenue Both Fall

5 Jan 2017 15:11

Deutsche upgrades Nostrum Oil after completion of gas facility

(ShareCast News) - Deutsche Bank has upgraded Nostrum Oil and Gas to 'buy' from 'hold' and upped its price target to 535p from 400p. The company's recent inclusion in the FTSE 250 index provides a unique opportunity for investors to gain direct exposure to the Kazakhstan oil sector, the bank said.

23 Nov 2016 11:50

Nostrum Oil & Gas revenue declines but hedges against low oil prices

(ShareCast News) - Nostrum Oil & Gas' revenue declined as it hedged prices to mitigate against the falling price of oil. Currently Brent crude and West Texas Intermediate prices are hovering around $48 per barrel as OPEC members consider a cap on production. For the nine months ended 30 September,

26 Aug 2016 15:07

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Nostrum Oil&gas Share News (NOG)

Share Price Information for Nostrum Oil&gas (NOG)

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

Nostrum Oil & Gas Swings To Profit Despite Operational Difficulties

UK Earnings, Trading Statements Calendar - Next 7 Days

LONDON MARKET CLOSE: FTSE 100 Falls As Soft Dollar Strengthens Pound

TOP NEWS: Nostrum Oil Beats Guidance But Production, Revenue Both Fall

Deutsche upgrades Nostrum Oil after completion of gas facility

Nostrum Oil & Gas revenue declines but hedges against low oil prices

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

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