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Epic Gas to strengthen gas fleet with Oslo funds

Singapore-based Epic Gas has raised USD 75 million on the OTC Stock Exchange in Oslo. The money will be used to further strengthen the carrier's gas fleet.

Photo: Privat

Things are moving fast at Singapore-based gas carrier Epic Gas. Headed by CEO Lars Vang Christensen, the company has just raised USD 75 million through a private placement on the OTC Stock Exchange in Oslo.

Epic Gas has sold 9,375,000 shares at a price of USD eight per share, and the shares in the company will be issued on February 6th.

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