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Tethy’s Petroleum Sign Uzbek MOU

Tethys Petroleum Limited today announced it has signed a Memorandum of Understanding (“MOU”) with the Uzbek State oil and gas company, National Holding Company “Uzbekneftegaz” (“UNG”) establishing a programme for Tethys to obtain two new Production Enhancement Contracts (“PECs”) on two existing oilfields in Uzbekistan. The MOU represents an agreed …

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