Haimo Oil&Gas LLC (collectively “Haimo Oil&Gas”), a wholly-owned subsidiary company of Lanzhou Haimo Technologies Co., Ltd., has recently purchased a net area of 1,112 acres (about 4.5 sq.km.) oil block at the price of $1.0008 million in Permian Basin, Irion Country, Texas, UAS with 100% of its working interests.
2013-10-18