Middle East Economic Survey

VOL. XLVIII

No 33

15-August-2005

CASPIAN

Australias Santos Farms In To Caspian Oils Kyrgyz Holdings

Australias Santos on 5 August announced its first foray into Central Asia with a farm-in deal to licenses held by Caspian Oil and Gas in Kyrgyzstan. The company said its subsidiary Santos International Operations had entered into a conditional letter agreement with Caspian Oil and Gas, another Australian firm, to execute a phased farm-in under which Santos will earn an...