12:21 PM EST - Tethys Petroleum Limited : announced it has signed a Memorandum of Understanding ("MOU") with the Uzbek State oil and gas company, National Holding Company "Uzbekneftegaz". The objective of this MOU is to provide the framework for a Joint Study and the negotiation process for an Exploration Agreement relating to certain exploration blocks in the North Ustyurt Basin of Uzbekistan. Tethys Petroleum Limited
shares T.TPL are trading up $0.01 at $0.66.
