Simpsons Solicitors advised Republic Investment Management Pte Ltd, a Singapore based fund manager, on its $3.6 M refinancing of Elk Petroleum Limited, an ASX listed oil and gas producer and developer with a strategy of applying enhanced oil recovery technology to mature oil fields. The refinance involved a converting loan facility with a consortium of lenders and security over assets in Australia and the United States. Simpson Solicitors advised on all aspects of the converting loan, Australian security arrangements and mortgage duty in New South Wales.