Tethys Aral Gas: Continues Akkulka Project Development
Approval Received for Continuation of Oil Production The Company’s subsidiary Tethys Aral Gas LLP (“TAG”) was recently notified by the competent authority in Kazakhstan of its approval of the continuation of the Company’s Akkulka Oil Field Pilot Production Project (the “Project”) from January 1, 2018 to March 10, 2019. This …
Tethys Petroleum: ESP Performing Well, Great Wall to Spin Bit Next Week
Tethys Petroleum Limited today announces a corporate update. Electrical Submersible Pump (“ESP”) On June 2, 2017 the Company announced the successful installation of an ESP to significantly boost production from its main oil producing well, AKD-01. The Company is pleased to report that AKD-01 has stabilised and both the well …
Tethys Petroleum: Great Wall Drilling Wins $6m Tender for 10 Shallow Wells
Tethys Petroleum Limited today announces that Great Wall Drilling Company was the winner of a tender for a ten well shallow gas well drilling program. Tethys now has ten (10) days to sign a contract with Great Wall, the cost of which drilling is expected to be approximately $6 million …