Brief: Atlantic Petroleum Extends Standstill With London Oil And Gas Limited In Administration
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
(Gdansk Newsroom)
((Gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10))
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