You are here

KrisEnergy explores recapitalisation options

Firm swings to a first-quarter loss of US$18.3m, citing deepest oil downturn in three decades

kris.jpg
Oil-and-gas exploration firm KrisEnergy is looking at various options of recapitalising the company in the next few months to meet its debt obligations.

Singapore

OIL-and-gas exploration firm KrisEnergy is looking at various options of recapitalising the company in the next few months to meet its debt obligations.

It said on Friday, as it reported a US$18.3-million loss for the first quarter, that it remains severely affected by "...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes