Sumatec finds more oil at Kazakhstan field


PETALING JAYA: Sumatec Resources Bhd says fresh review of its oil and gas field in Rakushechnoye, Kazakhstan has yielded a 14.5% increase in proven oil reserves to 129 million barrels.

“The increase in reserves is the first significant achievement for Sumatec with this asset,’’ Sumatec CEO Christopher Layton Dalton said.

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