Aug 16 (Reuters) - Tamaska Oil and Gas Ltd TMK.AX :
* TMK HAS ACQUIRED RIGHT TO EARN A 50% INTEREST IN PARTA EXPLORATION LICENCE, ONSHORE ROMANIA
* TO FUND FIRST US$1.5 MILLION OF 3D SEISMIC PROGRAM, WITH SEISMIC ACQUISITION TO COMMENCE Q4
* INTENDS TO RAISE UP TO A$1.5 MILLION BY A RIGHTS ISSUE AT 0.6 CENTS PER SHARE