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WESTBURNE OIL LIMITED

Company number 01021630

Account agreement-fixed charge (subject to first fixed charge in favour of the secretary of state for trade and industry contained therein)

Created
30 December 1993
Delivered
11 January 1994
Status
Outstanding
Transaction Filed
Registration of a charge (395)
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Persons entitled

  • Sovereign Oil & Gas PLC

Amount secured

Payment of amount second payable from receipts account under first receipts accounts order of payment as specified in account agreement (the "first charge")

Short particulars

The company's trust assets and (subject to any prior ranking security) all its right, title and interest in and to emerald crude, after deduction of the first amounts,being the amounts secured pursuant to first charge (each as specified in the account agreement). See the mortgage charge document for full details.