Tethys Petroleum: Q1 2017 Results – Revenues Down 86% Due to Lack of Gas Sale, Gas Sold in May 2017
Tethys Petroleum Limited today announced its Results for the quarter ended March 31, 2017. Q1 Financial Highlights (all figures reported in USD unless stated otherwise. 2016 amounts are for the quarter ended March 31, 2016) Oil and gas sales and other revenues decreased by 86% in the first quarter of …
Tethys Petroleum: Receives Share Acquisition Proposal
Tethys Petroleum Limited today announces that it has received non-binding proposals from private investors, Winston Sanjeev Kumar Soosaipillai and Medgat Kumar (each, an “Investor” and together, the “Investors”) to acquire ordinary shares in the Company (together, the “Share Acquisition Proposals”). The key commercial terms of the Share Acquisition Proposals are summarized …