VOL. XL
No.24
16-June-1997
GENERAL
New Exploration Company Gets Underway
XPRONET Inc. - a new exploration venture - has announced that it hasclosed its initial funding and commenced operations. XPRONET Inc., a Cayman Islandscompany, was formed to acquire oil and gas exploration and development rights from thegovernments of host countries around the world. Concurrent with its formation, the companyhas announced that it will acquire interests in four oil and gas concessions, located inBangladesh...
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