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Fenikso Gets Partial Loan Repayment from Lekoil, Fully Repays Savanah Energy Loan

MT Newswires·12/31/2025 03:44:13
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03:44 AM EST, 12/31/2025 (MT Newswires) -- Enterprise company Fenikso (FNK.AQ) said Wednesday it received $480,641 as a partial repayment of a $51.9 million loan provided to Lekoil & Gas Investments in December 2022. The next payment under the loan, which has $34.1 million outstanding, is scheduled for February 2026. Further, Fenikso repaid the entire balance of $2 million under its loan from Savanah Energy Investments.