Yesterday, Wednesday 6 December 2023, Seacrest Petroleo Bermuda Limited (the “Company”) announced the successful completion of a directed new share issue. The transaction comprised of 31,111,111 new shares issued at a subscription price of NOK 9.00 per share resulting in a total deal size of NOK 280m.
The net proceeds from the new share issue will enable the Company to keep a high activity level in 2024 and growing production through drilling, work-overs and other field development optimizations at the Norte Capixaba and Cricaré Clusters as well as for general corporate purposes.
The transaction received strong support from existing shareholders as well as new institutional investors.

Published: 7 Dec, 2023

Contact

Harald Erichsen

Harald Erichsen

Investment Banking

harald.erichsen@abgsc.no +47 22 01 60 23
Jonas Bru Lien

Jonas Bru Lien

Investment Banking

+47 22 01 61 71
Kjartan Krange

Kjartan Krange

Investment Banking

Kjartan.Krange@abgsc.no +47 48 05 96 12
Magnus Kvinge

Magnus Kvinge

Co-Head of ECM

magnus.kvinge@abgsc.no +47 22 01 61 27
Jacob Stræte

Jacob Stræte

Investment Banking (ECM)

Jacob.Strate@abgsc.no +47 22 01 61 91