Tethys Petroleum to start prospecting at Ustyurt in Uzbekistan in 2014
Edited by Rhod Mackenzie / 2013-05-27 04:53:32
Tethys Petroleum Ltd is to start geological exploration in the Ustyurt region (north-west of Uzbekistan) in early 2014.
Tethys Petroleum invests $24.4 million into the development of the deposit Chegara in the Kashkadaryinsky region on the south of Uzbekistan by 2016. The project is included into an investment programme for 2013 and the following periods. It is focused on an increase of oil production at the contracted site.
