RE: Tolmount Field7 Jun 2020 00:56
Premier will subsequently register the Schemes but the BP Acquisitions and the acquisition of the additional interest in Tolmount will not proceed on the terms originally envisaged, which in turn means the original amendment and extension of the Group's credit facilities contemplated under the Schemes will not take effect. The agreement with ARCM also provides for a comprehensive settlement of all claims relating to the schemes and related matters (including costs).
From the Rns , certainly maybe an opportunity open . Good looking asset, how cheap will Dana let it go for?