Wednesday 28 September 2016

What!!! In KHAZAKSTAN , You Must Sell Oil At US$10 "Satu TONG"

Shares in Roxi Petroleum PLC (LON:RXP) drifted after the Kazakhstan-focused oil & gas company said it would have to sell at the former Soviet republic’s domestic prices until 2018.

The stock fell 0.5p, or 4.9%, to 9.62p after Roxi said oil produced at its BNG site in western Kazakhstan under the current licence must be sold at about US$10 a barrel.

You can have late night laughs here :  http://www.proactiveinvestors.co.uk/companies/news/166620/roxi-petroleum-falls-amid-price-limits-in-kazakhstan