Scandinavian Oil-Gas Magazine
http://www.scandoil.com/moxie-bm2/news/drilling/roxi-petroleum-provides-update-on-the-sale-of-gala.shtmlRoxi Petroleum provides update on the sale of Galaz
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,
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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.
