Siberian Energy Group Enters Joint Venture With Baltic Petroleum

Siberian Energy Group (OTC BB: SIBN) is delighted to announce a major corporate achievement in having successfully established the Joint Venture it announced May 26 with UK-based Baltic Petroleum Limited (“BPL”). The Joint Venture proposes to explore and develop its four petroleum license blocks in the Kurgan region of Siberia covering over 635,000 acres, and to bid for 7 new oil & gas licenses covering a further 465,000 acres.
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