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Tethys Petroleum

10:05 AM EST - Tethys Petroleum : announced Chegara Production Limited, its 100%-owned subsidiary, has signed a Production Enhancement Contract for a new oil field, the Chegara Group of Fields, in Uzbekistan. In addition Tethys announced it had signed a Memorandum of Understanding, which agrees a timetable for the potential signing of an Exploration Agreement for a highly prospective Exploration block. Tethys Petroleum
shares T.TPL are trading unchanged at $0.72.