London Oil & Gas

Brett Stacey of Regent Assay initiated the transaction and advised London Oil & Gas on its £10m secured convertible loan facility with Independent Oil and Gas plc. The transaction forms part of a wider mandate, which Assay holds for the acquisition of oil producing assets.

London Oil & Gas has a clear strategy to acquire oil and gas producing assets in Europe, North America, the Caspian region and West Africa and is backed by a major global oil company and investment banks.