Stikito to Be Purchased By Romanian Oil and Gas Company

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14 Apr 2014 14:57 Helen Clark

CHEMMONITOR.COM – Zeta Petroleum (Romania) is going to buy Cyprus-based Stikito company. Stikito owns 100% interest in four manufacturing and exploration licences (the VES project) in Volga Urals basin, Russia. The licences, which have a daily capacity of 220 barrels, owned 12.8 million barrels oil reserves as of 2012.

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