News and Announcements
Sprint Acquires Major Interest in Block 71-1
- Published December 07, 2012 2:55AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
Sprint Energy Ltd (“Sprint”) (ASX Code: SPS) is very pleased to provide an update on the acquisition of Block 71-1 project in Tomsk in Western Siberia.
The Company confirms that post extensive due diligence activities, parties have now formally executed the acquisition documents for Sprint to acquire a seventy four (74%) percent interest in OOO Bakcharneftegaz (“BNG”) the holder of License Block 71-1.
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