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Another Company To Search For Oil And Natural Gas In Armenia

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  • Another Company To Search For Oil And Natural Gas In Armenia

    ANOTHER COMPANY TO SEARCH FOR OIL AND NATURAL GAS IN ARMENIA

    news.am
    November 22, 2012 | 06:17

    YEREVAN. - Integral Petroleum Company will be given permission to
    search for oil and natural gas in Armenia. This matter is included
    in the agenda of Thursday's Cabinet session.

    Integral Company owns 95 percent of the shares of Integral Petroleum.

    To note, Team Energy (Canada), Vangold Resources Limited (Canada),
    and Blackstairs Energy (Ireland) companies likewise had searched for
    oil and natural gas in Armenia.

    The activities were conducted in Armavir, Syunik, Vayots Dzor, and
    Gegharkunik Regions. Due to the global economic downturn, however,
    these activities practically stopped after 2008.


    From: Baghdasarian
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