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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Max Petrol | LSE:MXP | London | Ordinary Share | GB00B0H1P667 | ORD 0.01P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.16 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From May 2019 to May 2024
LONDON--Max Petroleum PLC (MXP.LN), a Kazakhstan-focused oil producer whose shares have been suspended since March, said Friday that despite "severe financial distress" it hasn't entered administration because there's a chance that debt restructuring talks could result in a deal.
"There remains a reasonable prospect that ongoing discussions could result in a sufficient refinancing of the Company, including bridge finance, being agreed with Sberbank and AGR Energy in the very near future and, on that basis, [company directors] have not yet put the company into administration," it said.
Production is running at 2,900 barrels a day.
Write to Ed Ballard at ed.ballard@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
1 Year Max Petroleum Chart |
1 Month Max Petroleum Chart |
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