MORE TRACTS OPEN IN FORMER U.S.S.R.

More exploration and development acreage is on the bidding block in the former Soviet Union. In the latest action: Turkmenistan opened its second international round for onshore and offshore acreage in the South Caspian basin. Included are three tracts with fields holding proved and probable reserves estimated at 1 billion bbl of oil and 7 tcf of gas.

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