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Roxi Petroleum provides update on the sale of Galaz


Published Jun 15, 2015
Roxi Petroleum

Roxi Petroleum has received the repayment of the $6.9 million loan.

A payment of $27 million to Roxi's subsidiary Galaz Energy BV remains outstanding, of which $16 million will be attributable to Roxi. These amounts are expected to be received within the next week.

Once received formal completion of the sale will take place.

Tags: Roxi Petroleum




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