Friday, October 7, 2011

Dutchess Opportunity Fund Provides £5 Million to Leni Gas & Oil, Ltd

Boston, MA - Dutchess Opportunity Fund is pleased to announce a £5 Million Equity Line Facility ("ELF") to Leni Gas & Oil, PLC. The access to capital will allow Leni to draw on the line if capital is needed for their recent acquisition in Trinidad and ongoing projects in Spain. The deal was facilitated by Dutchess' joint venture partner in the United Kingdom, First Columbus LLP.The flexibility to raise capital at the discretion of the company, and with no obligation to do so, is what makes the ELF such an attractive source of financing for public companies.

Press Release Distribution, Dutchess Opportunity Fund Provides £5 Million to Leni Gas & Oil, Ltd

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