CHK Oil Limited Expands Market Reach with New Service Agreements
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CHK Oil Limited has announced new 10-year service agreements through its subsidiaries with Zhejiang Dumei Electronics Technology Co., Ltd. to provide market development and technical services for intelligent oil and gas extraction equipment. This strategic move aims to enhance Dumei’s customer base and sales in domestic and international markets, strengthening CHK Oil’s position in the industry. The latest analyst rating for CHK Oil stock (HK:0632) is a Sell with a HK$0.50 price target.
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