Brett Stacey of Assay initiated the transaction and advised LOG on its £10m secured convertible loan facility with Independent Oil and Gas plc. The transaction forms part of a wider mandate, which Assay holds for the acquisition of oil producing assets.
London Oil and Gas has a clear strategy to acquire oil and gas producing assets in Europe, North America, the Caspian region and West Africa and is backed by a major global oil company and investment banks.
Assay Corporate Finance advised London Oil and Gas on its investment in North Sea oil assets.
London Oil & Gas
Independent Oil and Gas