Brief: Alpha Energy Enters Non-Binding Term Sheet
05/06/2019 16:24
June 5 (Reuters) - Alpha Energy Holdings Ltd ALPH.SI :
* ENTERED NON-BINDING TERM SHEET WITH NABORS DRILLING
TECHNOLOGIES
USA D/B/A RAMSHORN INVESTMENT
* NON-BINDING TERM SHEET WAS ENTERED INTO TO SETTLE
OUTSTANDING
BALANCES OWING BY GROUP TO NABORS
* NON-BINDING TERM SHEET WITH NABORS TO EXCHANGE DEFERRED
COMPENSATION, AMONG OTHERS, FOR A SECURED NOTE FROM GROUP EQUAL
TO US$27 MILLION
Source text for Eikon: urn:newsml:reuters.com:*:nSNZ5PP9L6
Further company coverage: ALPH.SI
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