According to the company’s information, the winner of the first tender on 2D seismic exploration at Samsko-Kosbulak investment block (Ustyurt Plateau) in 2011 became BGP., Inc (China). BGP is geophysical service company and it is subsidiary of CNPC. The company is engaged in seismic data acquisition, processing, interpretation, reservoir geophysics, borehole seismic, micro-seismic, GME and multi-client surveys, equipment manufacturing and software R&D.

GoldenMiles Petrotech Inc. (Great Britain) won the second tender and will provide its services on supervision of 2D seismic exploration at Samsko-Kosbulak investment block in 2011. The contract cost is not disclosed.

The winner of the third tender is XIBU Drilling Engineering Co., Ltd. In 2011, XIBU Drilling Engineering Co., Ltd, specializing on drilling works, will utilize drilling waste and carry out land reclamation works at other contract territory - Karadjida-Gumhanin investment block (Ferghana region).

CNPC Silk Road Group LLC is a 100% subsidiary of China National Oil&Gas Exploration & Development Corp (CNODC). In June 2006, CNODC signed agreement on conducting exploration works at five investment blocks within three oil and gas regions at risk conditions. In August 2006, the project was approved by the order of the Uzbek President. CNODC created CNPC Silk Road Group LLC to implement the project in December 2006.

In line with the presidential order, the exploration works will be conducted at Samsko-Kosbulak investment block (Ustyurt Plateau), Romitan and Karakul investment blocks (Bukhara-Khiva region), Karadjida-Gumhanin investment block (Ferghana region). The exploration works are conducted due to direct investments and under risk of CNODC for US$208.5 million within the five years, of which US$88.3 million within the first three years.

In March 2009, CNPC Silk Road completed the first stage of exploration works at five investment blocks. According to operation data, the company carried out 3D seismic exploration works at the area of 7,000 square meters and 3D seismic exploration works at 1,320 square meters. The company drilled 15 prospect drilling and 12 evaluative wells. During exploration works, several productive fields, in particular, in Ferghana region. However, the volume of reserves was not disclosed.

In case of opening new fields at investment blocks, CNODC and Uzbekneftegaz will create joint venture on parity to explore fields. At the size time, the Chinese side will guarantee attraction of financial resources for development of new oil and gas fields.

The project on exploration of the Samsko-Kosbulak, Aralmor, Romitan, Karakul and Karadjida-Gumhanin investment blocks was included to the programme of priorities of industtial development of Uzbekistan for 2011-2015. In line with the programme, the volume of Chinese investments to development of the blocks will make up US$12.3 million by 2013.