Deadline extended for Xinjiang Zhundong to acquire Galaz stake

Roxi Petroleum plc is continuing to work with a consortium led by Xinjiang Zhundong Petroleum Technology Co. in connection with the potential acquisition of 100% of the Galaz Contract Area in the Kyzylorda Oblast of central Kazakhstan in which Roxi Petroleum holds an interest of 34.22%.

The period of exclusivity granted to Xinjiang Zhundong, which expired Jan. 31, has now been extended to Feb. 10.

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