FPSOcean - company presentation
FPSOcean - company presentation
FPSOcean - company presentation
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29<br />
Financials – funding status<br />
DeeP Producer 1 fully funded; DeeP Producer 2 initial equity in place<br />
� DPP 1 funding<br />
� USD 50 mill from equity issues (Feb, Jun, Dec 06)<br />
� NOK 210 mill (USD 34 mill) unsecured 2 year bond w/call option<br />
� USD 75 mill 2 priority 5 year bond w/ call option<br />
� USD 50 mill 1 priority bank construction loan<br />
� DPP 2 funding<br />
� USD 34 mill from equity issue (Dec 06)<br />
� Total funding raised is approximately USD 250 mill<br />
� Cash reserve at end of July (including proceeds from unsecured bonds, excluding bank<br />
loan) was approximately USD 100 million
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