MARKETS

Samson refinances to fund drilling program

SAMSON Oil & Gas has closed a A$33.5 million refinancing facility with a five year term a London Interbank Offered Interest Rate of 10.5%.

Samson Oil & Gas

Samson Oil & Gas

The new facility from AEP FINCO will be used to "retire the existing line of credit" and repay outstanding creditors as well as fund Samson's upcoming infill drilling program. AEP FINCO is a lending...

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