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RPO 12.50 -0.50 (-3.85%)
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Ruspetro Pretax Loss Narrows But Warns On Balance Sheet Weakness
LONDON (Alliance News) - Ruspetro PLC Friday said it narrowed its pretax loss in the first half, boosted by a prepayment facility secured with Glencore PLC, and said its next phase of horizontal drilling at the Pottymsko-Inginsky licence block is ...
Ruspetro Extends Short-Term USD10 Million Loan From Limolines Transport
Including the loan, its current cash balance will be around USD11 million. It said that securing additional capital and a longer term restructuring of its balance sheet "remains imperative.
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Ruspetro PLC commences second horizontal well drilling