Brief: Star Phoenix Issues Update On Oilfield Services Business
09/10/2020 07:09
Oct 9 (Reuters) - Star Phoenix Group Ltd STAST.L :
* STAR PHOENIX GROUP - UPDATE ON THE OILFIELD SERVICES BUSINESS
* STAR PHOENIX- EXPECTED THAT DURING FY2021 THERE WILL BE A TARGETED 85%
REDUCTION
IN ANNUAL OPERATING COSTS COMPARED WITH PRIOR FINANCIAL YEAR
* STAR PHOENIX GROUP LTD - AGREEMENTS WERE SIGNED TO SELL FOUR SMALLER
PRODUCTION
RIGS FOR A TOTAL SUM OF US$0.2 MILLION
Source text for Eikon: ID:nRSI6190Ba
Further company coverage: STAST.L
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