Crude Oil (WTI)

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XD0015948363

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07:47am	Oil refinery in Russia's Krasnodar region damaged in Ukraine drone attack, authorities say	RE
01:35am	Yemen's Houthis say their missiles hit Andromeda Star oil ship in Red Sea	RE

Fenikso receives funds for repayment of USD52 million loan

June 08, 2023 at 01:08 pm EDT

Fenikso Ltd - Cayman Islands-based litigation asset company with an investment in oil & gas assets in Nigeria, previously known as Lekoil Ltd - Receives USD644,448 as partial repayment of loan under Lekoil & Gas Investments, as part of restructuring. Says the full loan amounts to USD51.9 million, and the remaining balance is USD49.3 million. The next payment is scheduled for the beginning of July. Notes that the proceeds will go towards reducing the creditor balance at the company, which is currently in excess of USD400,000.

Current stock price: 0.75 pence

By Sophie Rose, Alliance News reporter

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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.
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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