Sale of Trinidad Business
Sintana Energy received the first $450,000 instalment of deferred consideration from its 2025 sale of the Trinidad business. Payment terms were varied so the remaining balance, less an agreed early-payment discount, is now due by end December 2026 instead of stretching through 2027, bringing expected total receipts to $900,000 versus the prior $1m.
Key figures
- Prior agreed total usd
- 1000000
- First instalment received usd
- 450000
- Expected aggregate 2026 receipts usd
- 900000
AI analysis
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