Star Phoenix Group Ltd is an international company with an oilfield services business in Trinidad and an oil and gas interest in Indonesia listed on the London Stock Exchange (ticker: STA). Established and incorporated in Australia in 1982, the Company has a long track record of successful world-wide operations of almost 40 years.
The Company has a strong management team is in place with offices in United Kingdom, Australia, China and Trinidad and benefits from backing of international sophisticated investors, both institutional and private to support and execute growth plans.
2020 was a milestone year for the Company with comprehensive financial restructuring successfully completed, and disposal of upstream Trinidad asset portfolio undertaken (at a valuation close to US$100 million). As a result, the company is completely debt-free and has a solid cash position.
The Company is pursuing growth opportunities through new acquisitions and investment in high-quality projects with large upside potential.