Crude Oil (WTI)

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XD0015948363

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11:09am	Ukraine drones target two refineries, airfield in Russia's Krasnodar region, Kyiv source says	RE
07:47am	Oil refinery in Russia's Krasnodar region damaged in Ukraine drone attack, authorities say	RE

Fenikso gets funds from loan entered into in restructuring

September 01, 2023 at 03:02 pm EDT

Fenikso Ltd - investment in oil & gas assets in Nigeria, previously known as Lekoil Ltd - Announces receipt of funds under the Lekoil & Gas Investments loan entered in to on December 31 2022 as part of the Fenikso restructuring. Fenikso received USD800,785 as partial repayment of the loan of USD51.92 billion the remaining balance is US$47,760,755. The amount received equates to 8.65% of the most recent payment from crude oil sales received by LOGI. The next payment is scheduled for the beginning of October. The proceeds will go towards paying the first instalment of the Savanah Energy Investments Ltd loan.

Current stock price: EUR0.0060

By Jeremy Cutler, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Stocks mentioned in the article

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
S&P GSCI CRUDE OIL INDEX	459.6 PTS	+0.08%	+2.24%	-
BRENT CRUDE OIL SPOT	88.07 USD	+0.10%	+1.75%	-
WTI	83.53 USD	0.00%	+1.68%	-
LEKOIL LIMITED	1.3 GBX	-3.70%	-3.70%	7.98M

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