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EPI (Holdings) Limited ( (HK:0689) ) has provided an announcement.
EPI (Holdings) Limited has released a supplemental announcement regarding a disclosable transaction related to the Well Costs and Working Interest. The company has assessed the fairness of the Well Costs by comparing them with nearby wells and obtaining market quotations, concluding that the costs are reasonable. The company expects the Well Costs to not exceed C$1,298,511, with any excess to be covered by the participant. Additionally, the company has structured the Working Interest to achieve a quicker breakeven and maintain stable revenue post-payout.
More about EPI (Holdings) Limited
Average Trading Volume: 2,245,415
Technical Sentiment Signal: Sell
Current Market Cap: HK$70.59M
See more insights into 0689 stock on TipRanks’ Stock Analysis page.