9th Oct 2020 14:15
Star Phoenix Group Ltd - oilfield services firm and holder of oil and gas interest in Indonesia - Expects 85% reduction in operating costs during financial 2021 in RRDSL, its oilfield services arm. "The company also signed an agreement with a third-party operator to dry lease some of the equipment including mud tanks and a generator to derive additional revenue," Star Phoenix said.
Current stock price: 1.61 pence
Year-to-date change: down 20%
By Eric Cunha; [email protected]
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