EXPLORATION

US Park Service seeks additional powers

THE US Park Service is seeking to strengthen its oil and gas regulations after a review of existing rules showed that the agency had little ability to protect lands under its management, allowing companies such as former Australian player Sprint Energy to "sneak out" and leave wells it drilled to rot.

Sprint - which is now known as Global Voyager Group and which is still trying to piece together its three-year-old stalled investment in an oil and gas project in Tomsk, Russia after aborting a move into...

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