Roxi Petroleum plans to dispose of Difficult Ravninnoe Acreage and concentrate on Its Low Cost/ Low Risk Other Assets in Kazakhstan

    It is useless to pretend that Roxi Petroleum has not had a hard time of it in the past couple of years. Following the credit crunch it had difficulty in raising cash. But its troubles really seem to have come to a head with its Well 20 on the Ravninnoe...