RockRose Energy has offered to pay ￡40 million ($53 million) in cash for North Sea-focused Independent Oil and Gas’ (IOG) entire debt owed to a lender now in administration, as part of an unsolicited bid for the company. But it said on Monday that it had been denied access to copies of IOG’s debt facility agreements, describing it as a “serious impediment” in assessing its offer for the debt.
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