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Sudan’s Oil Assets Back in Play After US Lifts Sanctions

Who Will Be the First to Capitalize? Canadian-based junior oil company Stamper Oil & Gas Corp. (CSE: STMP) (OTC: STMGF) is the only international firm so far to publicly announce an agreement—partnering 50/50 with Sudan’s national oil company Sudapet on a sizeable 26,000 km2 project area, through which the export oil pipeline to Port Sudan already runs.   U.S. Deputy Secretary of State John J. Sullivan traveled to the Sudanese capital of Khartoum last Thursday as part of a tour of the region. The visit followed a decision from Washington last month, which lifted longstanding economic sanctions on Sudan. Preceding Sullivan’s visit, Sudan’s oil minister Abdul Rahman Osman stated that Sudan has already held talks with several oil companies regarding Sudanese oil industry development—...