Steinfeld Law acts for investor group on oil and gas technology firm investment

Steinfeld Law acted for the investors, including the lead investor Sir Lloyd Dorfman, on an investment in Silverwell Technology Limited. The investment comprised a combination of newly issued debt and equity as well as share purchases from minority shareholders and gives the investor group a significant minority shareholding.

Silverwell has developed the DIAL system, an innovative gas lift production optimisation system for the oil industry.

Sir Lloyd Dorfman will be joining the board as a non-executive director.

Charles Russell Speechlys LLP acted for Silverwell.