Brief: Atlantic Petroleum: Temporary Suspension Of Shares
24/05/2019 15:08
May 24 (Reuters) - Atlantic Petroleum P/F ATLA.CO :
* HAS AGREED WITH NASDAQ FOR A TEMPORARY SUSPENSION OF
COMPANY'S
SHARES.
* THAT GRAEME FAWCETT HAS ELECTED TO STEP DOWN FROM HIS
POSITION
OF INTERIM CEO OF P/F ATLANTIC PETROLEUM
* GRAEME'S DUTIES WILL BE ASSUMED BY MARK HOEJGAARD, CHANGE
IN
ORGANISATION TAKES EFFECT IMMEDIATELY
* BOARD IS CONSIDERING SEVERAL OPTIONS FOR RE-ARRANGING CO'S
DEBTS
AND PROVIDING NEW WORKING CAPITAL
Source text for Eikon: ID:nGNE2NsL95
Further company coverage: ATLA.CO
(Gdynia Newsroom)
((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))
Recent news on Atlantic Petroleum P/F
See all newsBrief: Atlantic Petroleum P/F Submits Application For Exploration And Production Licence In Faroe Islands
Brief: Atlantic Petroleum Says Orlando Field Production Ceases Permanently
Brief: Atlantic Petroleum P/F - To Reduce Total Debt By Over DKK 90 Million
Brief: Atlantic Petroleum P/F Says Work On Completing Relevant Debt Agreements Is Still Pending But Finalization And Signature Is Expected Within Weeks
Brief: Atlantic Petroleum To Keep Activity At Minimum Until End-2025