BRIEF-BP Enters North Ustyurt PSA In Uzbekistan

BP

BP

BP

0.00

May 13 (Reuters) - BP PLC BP.L:

  • BP: BP ENTERS NORTH USTYURT PSA IN UZBEKISTAN:

  • BP: ACQUIRED TOTAL 40% PARTICIPATING INTEREST IN THE PSA – 20% FROM EACH OF THE EXISTING PARTNERS SOCAR AND UZBEKNEFTEGAZ

  • BP: AGREEMENT INCLUDES THE BOYTERAK, TERENGQUDUQ, BIRQORI, KHAROY, QORAQALPOQ AND QULBOY BLOCKS

  • BP: CONFIRMED ENTRY INTO A PRODUCTION SHARING AGREEMENT OR SIX BLOCKS IN THE NORTH USTYURT REGION OF THE REPUBLIC OF UZBEKISTAN

  • BP: FOLLOWING BP’S ENTRY, PARTICIPATING INTERESTS IN PSA ARE: BP 40%, UZBEKNEFTEGAZ 30% AND SOCAR 30%

Source text: [ID:]

Further company coverage: BP.L


This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.