Revealed: The 28 firms owed more than £140m by North Sea operator IOG
Administrators appointed by IOG have identified 28 creditors owed money by the troubled North Sea oil and gas firm
London Oil and Gas
Independent Oil and Gas to repay £22.4m debt to collapsed lender
Independent Oil and Gas (IOG) has announced plans to pay back £22.4million in debt to its collapsed lender London Oil and Gas (LOG).
Independent says funds still available despite London probe
Independent Oil and Gas said today that it was not affected by the UK financial watchdog's investigation into London Capital and Finance.
Atlantic sells stake in North Sea Orlando for $1m
Faroe-based Atlantic Petroleum has struck a deal to sell its take in the North Sea Orlando licence to a former boss at First Oil for $1million (£822,300).
IOG says North Sea still profitable as it posts £5.3million profit for 2015
Independent Oil & Gas made a profit in 2015 and said it believes it can continue to make money in the North Sea with a lower oil price.
IOG shares rocket after loan announcement
Shares in Independent Oil and Gas (IOG) are up nearly 23% today after the firm, which owns 50% of the Blythe gas field in the southern North Sea and 50% of the Skipper licence south east of the Shetlands, said it had conditionally agreed a £10million loan.
IOG agrees £10million loan deal with London
Independent Oil & Gas has agreed on a £10million loan deal with London Oil & Gas.
IOG agrees additional loan for North Sea assets
Independent Oil and Gas has agreed an additional £800,000 loan from London Oil & Gas, adding to the £2.75million it has already provided to fund the Skipper appraisal well.