(Trend) -- The Vietnamese Petrovietnam
Exploration & Production (PVEP) will begin drilling the first exploratory
well on the Kosorsky investment unit in Uzbekistan’s Ustyurt region in mid-2012,
the National Holding Company (NHC) "Uzbekneftegaz" said.
The Vietnamese company is currently conducting a seismic survey on the
Kosorsky unit. Results of field processing of the first seismic data showed high
perspective for the unit, especially the Paleozoic sediments.
The information was provided at the Uzbekneftegaz leadership talks held
last week with the Vietnamese government delegation, led by the Deputy Minister
of Trade and Industry Minister Le Zan Vin.
The sides appreciated the course of geological work in the Kosorsky
investment unit, conducted as a joint project with PVEP.
Preparations for signing an agreement between "Uzbekneftegaz" and the
Vietnamese company, under the investment project "Joint study of Paleozoic
sediments in some parts of the Bukhara-Khiva region," were also discussed.
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