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Firms to explore Fergana basin in Tajikistan, Kyrgyzstan

08/06/2007
A large exploration block is taking shape in the underexplored Fergana basin in former Soviet Central Asia between the Caspian and Tarim basins.The Tajikistan government in early July awarded a license covering more than 7,800 sq km to Somon Oil, owned 90% by DWM Petroleum AG. DWM is wholly owned by Manas Petroleum Corp., Baar, Switzerland.The Tajik license is adjacent to the northern boundary of Manas’ six Tuzluk, Kyrgyzstan, licenses that total 3,152 sq km.Manas said it is in farmout discussions with major oil companies of interests in the Tajik and Kyrgyz licenses.The Tajik license has a number of prospects and leads determined by Soviet seismic acquisition in the 1970s-80s, and ...
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