On 12 February 2020, the Kyrgyzstan Government announced an auction for the Charvak block in the Fergana Basin. The auction will be held on 30 March 2020 with its application deadline on 24 March. Additional information may be requested from:  Bishkek  Prospect Erkindik, 2, office 225  Tel: +996 312 90-40-40, ext. 1021  The Charvak block covers 2.313 sq km in the eastern part of the Fergana Basin and encompasses a part of the Changyrtash field. Clastic and carbonate reservoirs of the Paleogene section are the main exploratory targets in the area. Recoverable 2P reserves of the block are estimated at 0.59 MMbbl of oil. The starting price amounts to USD 9,906.
On 12 February 2020, the Kyrgyzstan Government announced an auction for the Charvak block in the Fergana Basin. The auction will be held on 30 March 2020 with its application deadline on 24 March.