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TOMSK Due Diligence Underway

  • Published August 16, 2012 2:19AM UTC
  • Publisher Wholesale Investor
  • Categories Company Updates

Sprint Energy Ltd (“Sprint”) (ASX Code: SPS) is pleased to advise that due diligence has commenced on License Block 71-1 in the oil prolific Tomsk Basin, in West Siberia.

The Company has engaged Petroscope Pty Ltd (“Petroscope”) to provide a preliminary geological and technical review of License Block 71-1. The Company confirms a geologist is currently on site in Tomsk and the initial Petroscope reports have indicated the evaluation of the License is progressing well.

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