Nostrum Oil & Gas has finalised the disposal of its Kazakh assets and used the proceeds to redeem outstanding debt, marking a major step in the company’s restructuring.
Nostrum Oil & Gas has finalised the disposal of its Kazakh assets and used the proceeds to redeem outstanding debt, marking a major step in the company’s restructuring.
Shocking. A company drowning in debt sells assets to pay debt. Who could have predicted that — everyone, since about 2019.