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.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!