Bridge Energy signs loans for well expansion

Norwegian oil and gas firm Bridge Energy has signed two new syndicated credit facilities.

  • 26 Oct 2011

Royal Bank of Scotland and DnB NOR were mandated lead arrangers on a Nkr400m ($72.49m) financing facility to fund a drilling campaign of four oil wells in Norway. The loan can be drawn down throughout 2013.

Royal Bank of Scotland has also provided a £42m reserve based lending facility ...

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