Xin Tianran Gas: Holding subsidiary wins coal resource exploration rights for about 3.523 billion yuan in bidding.

robot
Abstract generation in progress

On November 19th, Jin10 Data reported that Xinjiang Natural Gas announced that its holding subsidiary, Xinjiang Mingxin Oil and Gas Exploration and Development Co., Ltd., participated in the bidding for the exploration and mining rights of coal resources in the seventh exploration area of Santanghu mining area, Barkol Kazakh Autonomous County, Xinjiang, and won the bid for about RMB 3.523 billion. The transaction is subject to approval by the company's shareholders' meeting before it can be implemented. The exploration area covers 109.28 square kilometers, and the estimated coal resources within 1,000 meters is 2.093 billion tons. The auction results will not have any adverse effects on the company's normal production and operation. This auction does not constitute a related party transaction or a major asset restructuring.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)