• Text size      
  • Send this article to a friend
  • Print this article

Trap Oil gets £13m funding

NORTH-Sea focused Trap Oil has secured £13 million funding from an affiliate of GE Energy Financial Services towards potential costs associated with the Athena and Crazy Horse assets.

It said it has entered into a three-year senior secured borrowing base facility on conventional industry terms.

Contextual targeting label: 

Commenting & Moderation

We moderate all comments on HeraldScotland on either a pre-moderated or post-moderated basis.
If you're a relatively new user then your comments will be reviewed before publication and if we know you well and trust you then your comments will be subject to moderation only if other users or the moderators believe you've broken the rules

Moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours. Please be patient if your posts are not approved instantly.