Petro-king Subsidiaries to Purchase Well Completion, Drilling Products for 20 Million Yuan

MT Newswires Live

05-09

Petro-king Oilfield's (HKG:2178) subsidiaries Shenzhen Petro-king, Petro-king Chongqing, and Petro-king Drilling purchased well completion, production enhancement, and drilling products from Petro-king Energy Group for not more than 20 million yuan.

Petro-king Energy Group is composed of Petro-king Energy and Singapore-based Star Petrotech, according to a Thursday filing with the Hong Kong bourse.

The sale from will have a three-year term beginning Jan. 1, 2025, until Dec. 31, 2027, the filing said.

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