CHK Oil (632) Announces Three-Month Extension to Cooperation MOU

Bulletin Express02-09

CHK Oil Limited (Stock Code: 632) has extended its Memorandum of Understanding (MOU) regarding a potential cooperation with Aral Petroleum Capital LLP for an additional three months, now running until 9 May 2026. The extension provides more time for due diligence and negotiation of terms under the proposed arrangement.

According to the announcement, the MOU remains non-legally binding, and parties may still decide against entering into a formal agreement by the new deadline. The company will issue further updates in accordance with applicable disclosure requirements. Shareholders and potential investors are advised to exercise caution when trading the company’s shares.

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