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IN BRIEF: Star Phoenix Gets Further USD283,000 From LandOcean Energy

Thu, 02nd Jul 2020 12:02

Star Phoenix Group Ltd - London-based oil & gas company - Receives a further payment of USD283,000 from LandOcean Energy Services Co Ltd in relation to the sale of Range Resources Trinidad Ltd. Total amount outstanding is USD1.3 million. In June, Star Phoenix said it had made "numerous attempts" to secure the cash and was now working with legal advisers.

Current stock price: 1.70 pence

Year-to-date change: down 15%

By Ife Taiwo; ifetaiwo@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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