Tajikistan

Tajikistan granted the Tajik Northwest petroleum exploration license to Somon Oil, a 90% owned subsidiary of Manas Petroleum Corp., Baar, Switzerland.

Aug 11th, 2009

By OGJ editors
HOUSTON, Aug. 11
– Tajikistan granted the Tajik Northwest petroleum exploration license to Somon Oil, a 90% owned subsidiary of Manas Petroleum Corp., Baar, Switzerland.

The 615,784-acre license is in the northern Sugd region that borders Uzbekistan and is near the Uzbek pipeline network. The southwest part of the license is adjacent to Somon Oil’s Novobod and Obchai-Kalacha license areas, about 20 km north of all of northern Tajikistan’s producing fields.

The license term is 7 years, and the work program is for 400 km of 2D seismic, 100 sq km of 3D seismic, and drilling two wells. The license area has six wells and 1,100 line-km of 2D seismic that date from Soviet exploration campaigns in 1964-92.

Somon Oil targets large four-way closure prospects at depths of 3.5-4.5 km. The underthrust four-way closure prospects in the north part are in the same geological setting as Uzbekistan’s giant Minbulak oil and gas field, the Fergana basin’s largest oil field.

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