REG - Roxi Petroleum Plc - Update on the sale of Galaz <Origin Href="QuoteRef">RXP.L</Origin>
RNS Number : 6245QRoxi Petroleum Plc19 June 2015Roxi Petroleum PLC
("Roxi" or the "Company")
Sale of Galaz
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to further update the market with news of the sale of Galaz.
Further to the announcement of 12 June 2015, Roxi confirms that to date $10.4 million of the $23 million attributable to Roxi has been received and will be used to further develop the Company's flagship BNG asset.
Further announcements on receipts of Galaz proceeds will be made in due course.
Ends
Enquiries:
Roxi Petroleum PLC Clive Carver, Chairman
+7 727 375 0202
WH Ireland Ltd James Joyce / James Bavister
+44 (0) 207 220 1666
This information is provided by RNSThe company news service from the London Stock ExchangeENDMSCDVLFFEQFFBBD
Recent news on Caspian Sunrise
See all newsREG - Caspian Sunrise plc - General Meeting Results
AnnouncementREG - Caspian Sunrise plc - Issue of Equity and Option Awards
AnnouncementREG - Caspian Sunrise plc - Proposed Acquisition, Rule 9 Waiver and GM Notice
AnnouncementREG - Caspian Sunrise plc - Strategic & Operational Update
AnnouncementREG - Caspian Sunrise plc - BNG Operational update
Announcement