Tethys Petroleum: Q1 Gas Production – Highest for 3 Years
Tethys Petroleum Limited has provided a corporate update to shareholders. Highlights: — Q1 2015 gas production achieved was the highest quarterly gas volume in the last three years. — First sales under the new gas contract completed. — Tethys continues to actively progress the SinoHan transaction to completion through seeking …
Tethys Petroleum: 2014 Results – Gas Production Doubled
Tethys Petroleum Limited today announced its Annual Results for the year ended December 31, 2014. Corporate Highlights – 2014 Updated Oil Resource Report for the ‘Klymene’ prospect in Kazakhstan with total Unrisked Mean Recoverable Oil Resources being estimated independently at over 400 million barrels; Drilling of a further 4 successful …
Tethys Petroleum: Outlines Strategic Plan for 2015
Tethys Petroleum Limited is pleased to provide an update to our shareholders on the current operations, forward plans and the strategic focus of the Company over the next 12 months. Following the appointment of the new Executive Chairman, Mr. John Bell, and three new Non-Executive Directors of the Company, the …
Tethys Petroleum: Operational Update
In Kazakhstan, work continues on the gas project with the dehydration equipment having now been successfully tested in China and being shipped to Kazakhstan. Work is proceeding well on the installation of additional field pipelines, etc., and we are on track for meeting our production target of three times current …
Tethys Petroleum Limited: First Quarter 2014 Financial Results
Tethys Petroleum Limited today announced its First Quarter 2014 Financial Results. Corporate Highlights Drilling of a further 3 successful shallow gas exploration wells: AKK17,AKK18 and AKK19. These wells have a predicted test capacity of over 20 million cubic feet (570,000 cubic metres) of gas per day based on nearby similar …
Tethys Petroleum: Strikes New Prospect with Total Unrisked Mean Recoverable Oil Resources Being Independently Estimated at Over 400 million barrels
Tethys Petroleum is pleased to announce it has received an updated Oil Resource Report for a new prospect in Kazakhstan with total Unrisked Mean Recoverable Oil Resources being estimated independently at over 400 million barrels. The report was commissioned on the “Klymene” prospect which is located in the Kul-Bas Exploration …
Tethys Petroluem: Wells Being Prepared for Testing Program, Klymene Could Hold Good Potential
Tethys Petroleum Limited today gave an update on its operations in Kazakhstan. AKD08 (“Doto”) The AKD08 (“Doto”) exploration well has reached a total depth of 3,556 metres and electric logs have been run to TD in the 8 1/2″ hole section. As was previously announced, hydrocarbon indications have been observed …