Hong Kong's Hanhong to invest in Sprint Siberia energy project
Hong Kong-based Hanhong has agreed to invest $11 million in Australia’s Sprint Energy to support development of a project located in the Tomsk region of the prolific West Siberian Basin.
The capital will be used for drilling new wells and meeting obligations to Sprint's Russian partner and operator, OOO Bakcharneftega, the company said in a statement. The terms and conditions of the investment...
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