Brief: Atlantic Petroleum Extends Standstill With London Oil And Gas Limited In Administration

Atlantic Petroleum P/F

02/04/2020 06:44

April 2(Reuters) - Atlantic Petroleum P/F  ATLA.CO :
    * SAID ON WEDNESDAY EXTENSION OF STANDSTILL WITH LONDON OIL
AND
GAS LIMITED IN ADMINISTRATION
    * STANDSTILL AGREEMENT WITH LONDON OIL AND GAS LIMITED IN
ADMINISTRATION (LOG) TO 30TH NOVEMBER, ANNOUNCED 23RD JULY 2019
IS EXTENDED TO 30TH APRIL 2020.
    * BOARD OF ATLANTIC PETROLEUM IS WORKING ON REFINANCING ITS
ACTIVITIES FOR 2020 AND ONWARDS
    * ATLANTIC PETROLEUM EXPECTS TO HAVE POSITIVE CASHFLOW FROM
ITS
ACTIVITIES IN 2020

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nGNE5v4l1Z
    
 Further company coverage:  ATLA.CO  
   


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