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Sequa Petroleum N.V

Sequa Petroleum N.V. - Transaction Update

London (ots/PRNewswire)

Following discussions, Wintershall and Tellus, a 100% Sequa Petroleum N.V. subsidiary, have agreed not to proceed with the Wintershall-Tellus transaction, announced on 18 June, 2015, in the current market environment.

Tellus is evaluating the Ivar Aasen transaction with OMV in the light of the decision not to proceed with the Wintershall-Tellus transaction.

Tellus is progressing with the preparations for financing the Gina Krog transaction with Total, with the transaction planned to close early in 2016.

Sequa Petroleum N.V., Registered at the Dutch Chamber of Commerce 
No. 58633618 with a Corporate Seat in Amsterdam.  UK Company No. 
FC031530, UK Establishment No. BR016598   
Contacts:  Jacob Broekhuijsen - CEO  Carol Frost - Director HR & 
Communication  +44(0)203-728-4450 or  info@sequa-petroleum.com  

Weitere Storys: Sequa Petroleum N.V
Weitere Storys: Sequa Petroleum N.V
  • 18.12.2015 – 09:01

    Sequa Petroleum EGM Results 14th December 2015

    London (ots/PRNewswire) - The Company confirms that at its Extraordinary General Meeting held on 14 December in Amsterdam, all resolutions were passed by attending shareholders representing 64.91 % of the issued share capital of the Company. Contact: Jacob Broekhuijsen - CEO Carol Frost - Director HR and Communication +44(0)203-728-4450 info@sequa-petroleum.com ...

  • 27.11.2015 – 09:01

    Deal Update and Sequa Petroleum N.V. General Meeting 7th January 2016

    London (ots/PRNewswire) - Deal Update Sequa Petroleum is pleased to announce that it has signed a funding agreement with Sapinda Invest Sarl to provide up to USD 62.5 million as a convertible loan to address current funding needs and provide a portion of the equity required for the announced acquisitions. The loan will bear an interest rate of 8%, and will be ...

  • 09.11.2015 – 09:02

    Sequa Petroleum N.V. EGM 14th December 2015 and Ivar Aasen Acquisition Update

    London (ots/PRNewswire) - The following documents have been circulated to shareholders: Notice of the Extraordinary General Meeting of Shareholders of Sequa Petroleum N.V. Shareholders are hereby invited to attend the Extraordinary General Meeting of Shareholders (EGM) of Sequa Petroleum N.V. (the Company), to be held at the 24th floor, Rembrandt Tower, Amstelplein 1 ...