Sprint to buy into Russian assets

Sprint Energy has agreed to purchase up to a 70% interest in Burtasi Oil, which wholly-owns two oil and gas licences in the Volga-Ural basin, Russia.

Volga river: Sprint Energy has signed a head of agreement to buy into 70% of Burtasi Oil, which holds two oil and gas licences in the Volga-Ural basin in Russia

Danica Newnham

Published 20 September 2012, 03:41Updated 11 October 2016, 11:00