Local Business Independent to raise £16.6m to fund North Sea projects By Mark Lammey April 1 2019, 9:01 am April 1 2019, 9:01 am Share Independent to raise £16.6m to fund North Sea projects Share via Facebook Twitter Whatsapp Messenger Linkedin Email Post link https://www.pressandjournal.co.uk/fp/business/local/1713339/independent-to-raise-16-6m-to-fund-north-sea-projects/ Copy Link IOG CEO Andrew Hockey Under pressure North Sea firm Independent Oil and Gas (IOG) expects to raise £16.6 million via the placing of 166m new shares. Bosses at IOG are currently trying to fend off a takeover attempt from rival firm RockRose Energy. The fundraising hinges on the approval of shareholders being obtained at a general meeting later this month. Read the full story on the Energy Voice website.
