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Maroc Maroc - ENERGY PEDIA.COM - 01/Jul 07:36

UK: Orcadian Energy announces loan repayment extension

AIM-listed Orcadian Energy has announced that Shell International Trading and Shipping Company ('STASCO') has agreed an extension to the loan repayment date to 5 July 2024. The loan is intended to be settled from the completion payment due under a proposed farm-in or joint venture arrangement on Orcadian's recently offered SNS licence.

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