Increase and extension of bank credit facilities
29 October 2018 Faroe Petroleum plc ("Faroe", "Faroe Petroleum", the "Company" or the "Group") Increase and extension of existing bank credit facilities Faroe Petroleum, the independent oil and gas company focussing principally on exploration, appraisal and production opportunities in Norway and the UK, announces that it has increased and extended the duration of its Reserve Based Lending bank credit facility ("RBL"), which will provide additional financial capacity to underpin the Company's growth plans. The Company's US$250 million RBL, as announced in December