Revus Energy Considers Norwegian Bond Issue
Revus Energy ASA is considering raising funds in the Norwegian bond market and has hired Pareto Securities as advisor and manager.
Tim Sullivan, CEO of Revus, said: "Revus seeks to maintain financial flexibility that will allow the company to grow, both through acquisitions and development of the existing portfolio. Against this background we are now considering raising funds in the Norwegian bond market." Revus Energy has no long term debt, and the company's cash position is NOK 170 million.
- StatoilHydro Makes Small Gas Discovery at Canon Prospect (Apr 30)
- RWE Confirms Successful Luno Appraisal Test, Field Extension (Jan 30)
- Spring Energy Snags Stake in North Sea Production License (Jan 28)