Aladdin Oil & Gas Company ASA (‘AOGC’) - Interest Payment

Aladdin Oil & Gas Company ASA (‘AOGC’) - Interest Payment
28
May
2010
General News - 28 May, 2010

Aladdin Oil & Gas Company (AOGC) had due interest payments on two if its bonds, Monday 3rd May, totaling NOK 7,5 million. AOGC is in a dialogue with the bondholders regarding a re-structuring of the debt.

Both the company and the bondholders are working to find alternative solutions to re-structure the company’s debt

For futher information, please contact
COB Einar Askvig, (+34 666 508 510)

Aladdin Oil & Gas Company ASA is a Norwegian based exploration and production company, head quartered in Oslo, with its shares traded on the OTC list under the ticker code AOGC. The company owns the Russian oil company OOO Geotechnologia which holds two licenses in the Timan-Pechora province in Northwest Russia, as well as 6 licenses through our companies ZAO Orneftegaz and OOO Veselovskoye in the Orenburg area.

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