Lukoil has signed of late a joint studies agreement with Uzbekneftegaz for acreage in the Republic of Karakalpakstan, NW Uzbekistan. No details are yet provided, but the area is assumed to be in the North Ustyurt Basin. Lukoil already has Uzbek rights to 2 explo blocks (XLII Karaumbet + XXXIII Shumanay). Background from GEPS.
Lukoil has signed of late a joint studies agreement with Uzbekneftegaz for acreage in the Republic of Karakalpakstan, NW Uzbekistan. No details are yet provided, but the area is assumed to be in the North Ustyurt Basin. Lukoil already has Uzbek rights to 2 explo blocks (XLII Karaumbet + XXXIII Shumanay). 