Hamilton, Bermuda, 19 June 2025: Seacrest Petroleo Bermuda Limited (in Provisional Liquidation) ("Seacrest Petroleo" or the "Company") refers to its announcement on 7 March 2025 regarding the appointment of Mike Penrose and Igal Wizman as Joint Provisional Liquidators ("JPLs") over the Company.
The JPLs make reference to the attached Update Letter to the Bondholders (the "Bondholders") of the Seacrest Petroleo Bermuda Limited 16.00% senior unsecured USD 120,000,000 bonds 2024/2027 (ISIN: NO0013134759) from the JPLs updating the Bondholders on the status of the provisional liquidation of the Company.