Qyrin signs MOU with Thai partners
Qyrin Petroleum on the 10th of November 2013 signed an MOU with an established local (Thailand) based company. The MOU outlines the counter parties roles and responsibilities, as well as defines the targeted nature and scope of business that both parties have set out to pursue and successfully establish in Thailand and the surrounding geography. Qyrin has been offered the option to provide its proprietary Oilfield Technical Services and expertise, specifically Qyrin's Microbial Enhanced Oil Recovery (MEOR) technologies, and its wealth of experience in UCR like Heavy Oil extraction.
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