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



Get your T+10 interest FREE margin trading account NOW. Attractive brokerage for online trading. Contact Mr Ho at +603-5192 0808 or hoxian@sjsec.com.my for more details.
Related Posts Plugin for WordPress, Blogger...