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New Data Strengthens Russian Resource Numbers

  • Published November 16, 2012 2:48AM UTC
  • Publisher Wholesale Investor
  • Categories Company Updates

Sprint Energy Ltd (“Sprint”) (ASX Code: SPS) is pleased to provide an update on the review of the Russian projects.

Further, to the technical update about the Tomsk and Penza projects announced on 6 November 2012, Sprint has managed to obtain additional seismic data, which has helped to strengthen and quite likely to increase the current estimate of 72mmbbl OOIP (original oil in place) indicative P50 resource, already identified in the Penza project.

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