Ogier in the British Virgin Islands and Jersey has advised Seven Energy International and its group on an issue of US$300 million aggregate principal amount 10¼ senior secured notes due 2021.
The notes, which are listed on the Irish Stock Exchange's Global Exchange Market, were issued by Seven Energy's subsidiary, Seven Energy Finance, and are guaranteed by other subsidiaries of Seven Energy.
Seven Energy is an indigenous African oil and gas exploration, development and production company with a focus on supplying gas to the domestic market.
Ogier BVI acted with the London office of US firm Latham & Watkins as legal counsel. Ogier's Jersey office advised on matters of Jersey law as applicable to the transaction.
Ray Wearmouth (Partner) and Michael Killourhy (Managing Associate) led the Ogier BVI team with Christopher Newton (Senior Associate) assisting. Ogier's Jersey team was led by Bruce MacNeil (Partner) with Anna Cochrane (Associate) assisting.