Persons entitled
- The Governor and Company of the Bank of Scotland
Amount secured
(I) the aggregate of advances outstanding for the time being pursuant to a secured credit agreement dated 18TH september 1990 as amended by letters dated 28TH june 1993 and 27TH june 1995 (as defined) and as further amended by a supplemental agreement dated 21ST august 1996; (ii) all other amounts owing or to become owing by the company to the banks under the amended credit agreement and (iii) all costs,charges and expenses which may be or become due under the above scottias assignation or any instrument which may be executed pursuant thereto or the credit agreement
Short particulars
All rights,title and interest in the petroleum production licence no:P.193 Covering blocks 211/7A and 211/12A granted by the secretary of state for trade and industry from 16/3/72; the joint venture operating agreement dated 3/1/89 (as defined); various other agreements listed. See the mortgage charge document for full details.