Byron unable to reach refinancing terms

BYRON Energy has hit a snag in its borrowing strategy as it has been unable to agree to primary terms with its potential lender and as a result has been unable to agree to a forward hedging plan.

Byron unable to reach refinancing terms Byron unable to reach refinancing terms Byron unable to reach refinancing terms Byron unable to reach refinancing terms Byron unable to reach refinancing terms

Strong oil-price environment too good to pass up

The Gulf of Mexico-focussed company told the market Friday that the strong oil price environment meant it was reluctant to hedge the amount of production required to appease its potential lender,

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