Xinjiang Central Asia Petroleum and Gas will invest up to US$150 million in the first year and US$540 million over the subsequent three years to explore five oil and gas blocks that are estimated to hold 87 million barrels of crude oil.

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Xinjiang Central Asia Petroleum and Gas will invest up to US$150 million in the first year and US$540 million over the subsequent three years to explore five oil and gas blocks that are estimated to hold 87 million barrels of crude oil.