BW Energy: Fixed Income Investor Meetings
03 Juin 2024 - 7:30AM
BW Energy: Fixed Income Investor Meetings
BW Energy: Fixed Income Investor Meetings
BW Energy has engaged DNB Markets, a part of DNB Bank ASA and
Pareto Securities AS as Joint Bookrunners to arrange a series of
fixed income investor meetings. Subject to inter alia market
conditions and acceptable terms, a new senior unsecured bond issue
of USD 100 million with a tenor of five years may follow. The
purpose of the bond issue is for general corporate purposes.
For further information, please contact:
Knut R. Sæthre, CFO BW Energy, +47 91 11 78 76 or
ir@bwenergy.no
About BW Energy:
BW Energy is a growth E&P company with a differentiated
strategy targeting proven offshore oil and gas reservoirs through
low risk phased developments. The Company has access to existing
production facilities to reduce time to first oil and cashflow with
lower investments than traditional offshore developments. The
Company’s assets are 73.5% of the producing Dussafu Marine licence
offshore Gabon, 100% interest in the Golfinho and Camarupim fields,
a 76.5% interest in the BM-ES-23 block in, a 95% interest in the
Maromba field in Brazil and a 95% interest in the Kudu field in
Namibia, all operated by BW Energy. Total net 2P+2C reserves and
resources were 580 million barrels of oil equivalents at the start
of 2024.
This information is considered inside information pursuant to
the EU Market Abuse Regulation and is subject to the disclosure
requirements pursuant to Section 5-12 the Norwegian Securities
Trading Act. This stock exchange release was published by N.
Saethre, 3 June 2024.
BW Energy (TG:6BW)
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