PTT Exploration & Production PLC, has recently acquired 40% stake in Kai Kos Dehseh oil sands project from Statoil worth US$4.3 billion of recoverable bitumen capable at extraction rate of 10,000 bpd of bitumen.
The acquisition means PTT is in a new playfield of breakthrough shale oil extraction which will allow the company to build technlogical capability in that shale oil area.
The acquisition means PTT is in a new playfield of breakthrough shale oil extraction which will allow the company to build technlogical capability in that shale oil area.
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