Seacrest Petroleo Bermuda Limited: Information to Bondholders of 16.00% Senior Unsecured Bonds due 2027 and Update on Winding Up Petition Hearing
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Seacrest Petroleo Bermuda Limited: Information to Bondholders of 16.00% Senior Unsecured Bonds due 2027 and Update on Winding Up Petition Hearing

Hamilton, Bermuda, 11 August 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 notice entitled “Information to bondholders - Provisional liquidation and application of funds” issued by the bond trustee, Nordic Trustee AS, to the bondholders (the "Bondholders") of the Seacrest Petroleo Bermuda Limited 16.00% senior unsecured USD 120,000,000 bonds 2024/2027 (ISIN: NO0013134759).

On 8 August 2025, by Order of the Court, the hearing date for the petition dated 20 February 2025 for the winding up of the Company was adjourned to 7 November 2025.

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Seacrest Petroleo Bermuda Limited: Information to Bondholders of 16.00% Senior Unsecured Bonds due 2027 and Update on Winding Up Petition Hearinghttps://storage.mfn.se/e588e41b-38cb-459b-9b37-67014202a254/seacrest-petroleo-bermuda-limited-information-to-bondholders-of-16-00-senior-unsecured-bonds-due-2027-and-update-on-winding-up-petition-hearing.pdf

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