Tuesday, 29 November 2011

Sumatec inks pact with Markmore Energy

Sumatec Resources Bhd, a Malaysian engineering group, said it signed an agreement with Markmore Energy (Labuan) Ltd for a proposed production-sharing contract by CaspiOilGas LLP.

The partners would develop and extract hydrocarbon in Kazakhstan’s Shelly Oil Field where CaspiOilGas is a concession holder, Sumatec said in a Kuala Lumpur stock exchange filing today. -- Bloomberg



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