Trinadad

  • Bank Oil Swap Gives Goudron Go Ahead to Update Field Development Plan

    Bank Oil Swap Gives Goudron Go Ahead to Update Field Development Plan

    Wednesday, 18th March 2015
    LGO Energy has announced that its wholly owned subsidiary, Goudron E&P Limited, has now drawn an initial $11.78 million from the $25 million pre-paid oil swap facility agreement with BNP Paribas to fully fund the planned 2015 development drilling programme in the Goudron Field onshore Trinidad.