Atlantic Petroleum expects debt restructuring agreement signatures within weeks

Reuters
Mar 24
Atlantic Petroleum expects debt restructuring agreement signatures within weeks
  • Atlantic Petroleum said completion of its pending debt restructuring agreements is still outstanding, with finalization and signature expected within weeks.
  • Going-concern status remains dependent on completing the restructuring and cash flow from its interest in the Orlando field.
  • The company postponed release of its annual accounts, stating the accounts will be published on April 30 once the debt agreements are finalized and signed.


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