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Alliance Oil Acquires LLC “SN-Gazdobycha” and Expands Operations in Tomsk Region

Alliance Oil Company has signed an agreement to acquire 100% of the shares in LLC “SN-Gazdobycha” for 128 MUSD, which primarily will be funded from existing cash and from debt facilities. SNGD holds two gas licenses covering an area of about 1,323 square kilometers located approximately 55 kilometers west of …

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