Nostrum Oil & Gas Seeks Consent for Payment Delay on Notes
The energy company is seeking consent from bondholders to delay interest payments on its outstanding notes.
The energy company is seeking consent from bondholders to delay interest payments on its outstanding notes.
The energy company reported mixed H1 2025 results, with improved EBITDA margin but declining revenue. Increased production volumes were offset by lower oil prices and declining output from a mature field.
The energy company reported mixed operational results for H1 2025, with increases in production and processed volumes offset by a decline in its core Chinarevskoye field and delays in bond interest payments.
The energy company has delayed interest payments on its outstanding notes and is seeking regulatory approvals and consent from bondholders to facilitate the payments.
The energy company has delayed interest payments on its outstanding notes due to a payment administration issue, but is seeking regulatory approvals and plans to launch a consent solicitation to facilitate the payments.
The energy company has appointed a new CEO and a Non-Executive Director to its board.
The oil and gas company has notified of a delay in interest payments due to a payment administration issue, but states the funds are available and it is working to resolve the matter.
The energy company announces changes to its board of directors as it engages in discussions with stakeholders about the company's future direction.
The energy company has published its annual report and notice of the upcoming annual general meeting.
The energy company reported a mixed Q1 2025, with EBITDA growth but declining revenue and cash position. However, the valuation suggests potential upside.