PROJECT NEWTON - Safe Harbour Advisors
WE WERE ENGAGED AS SAFE HARBOUR ADVISOR TO AN OIL AND GAS EXPLORATION AND DEVELOPMENT COMPANY THAT HAD BEEN EXPERIENCING DIFFICULTIES IN MANAGING IT’S DEBT LEVELS TO IT’S SECURED CREDITOR.
We were engaged as Safe Harbour advisor to an oil and gas exploration and development Company that had been experiencing difficulties in managing it’s debt levels to it’s Secured Creditor, and had been affected by a prohibition notice preventing ongoing trade.
Our role was to urgently assess the Company’s financial position, assist the Board in developing a comprehensive corporate structuring plan, assisting in maintaining the support of the Secured Creditor, achieving a capital restructure and negotiating creditor payments and the prohibition notice to recommence trade.