Exploration/Development Briefs

11/11/2013
Afghanistan Groups led by Dragon Oil PLC and Turkey's state Turkiye Petrolleri AO plan to explore two blocks in northwestern Afghanistan. Formal signing of exploration and production-sharing contracts that govern the Sanduqli and Mazar-i-Sharif blocks from the Afghan-Tajik Phase 1 oil and gas tender occurred on Oct. 8. Participating interests of Dragon Oil, TPAO, and the Ghazanfar Group in the two blocks are 40%, 40%, and 20%, respectively. Dragon Oil will operate Sanduqli and TPAO is operator of Mazar-i-Sharif. Sanduqli covers 2,583 sq km bordering Turkmenistan and Uzbekistan, and Mazar-i-Sharif has 2,715 sq km adjoining Uzbekistan. Work commitments in the initial 4-year exploration peri...
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