CHK Oil Explores New Horizons with Kazakhstan Oilfield Cooperation

Tip Ranks
2025.11.10 12:36
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CHK Oil Limited has signed a Memorandum of Understanding with Aral Petroleum Capital LLP to explore oilfield cooperation in Kazakhstan. This initiative aims to diversify CHK Oil's income and expand operations beyond China and the US, utilizing advanced extraction technologies. The latest analyst rating for CHK Oil (HK:0632) is a Sell with a price target of HK$0.50. CHK Oil is involved in oil and gas exploration and trading, with a current market cap of HK$339M.