Sinogas Petroleum (00632.HK): Extension of Memorandum of Understanding for Cooperation Projects

Wisdom Financial News APP, China-Hong Kong Oil (00632.HK) announced that the group will conduct due diligence on the target oil field within 3 months from the date of the memorandum of understanding, and the exclusive period will be extended for another 3 months until May 9, 2026 (first extension). If no binding formal agreement is reached before the memorandum of understanding expires, or if one party does not make an offer to the other party to reach any binding formal agreement, the memorandum of understanding will be terminated.