Scandoil  

ARKeX enters administration


Published Oct 6, 2015
ARKeX

On 23 September 2015, T Lukic and A Swarbrick were appointed as Joint Administrators of Arkex Limited. The affairs, business and property of the Company are being managed by the Joint Administrators who contract as agents of the Company without personal liability.

Tom Lukic of EY, joint administrator, said,'In the period leading up to the Administration, the company's cash flow came under severe pressure due to a downturn in demand for the its services given the challenging conditions in the wider oil and gas sector.

Tags: ARKeX Limited




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