Sumatec’s Kazakhstan Oil Field Project is Terminated
Sumatec Resources Bhd has received a notice from CaspiOilGas LLP (COG), owned by its executive vice-chairman Tan Sri Halim Saad, terminating a joint investment agreement (JIA) for the Rakushechnoye oil field project in Kazakhstan. In its filing to Bursa Malaysia today, Sumatec said SOG received the termination notice effective October …