Tethys Petroleum: Q3 Results – Loss of $3.7m USD – All Costs Massively Reduced, Production Up 81%
Tethys Petroleum Limited today announces its third quarter 2015 financial results and activity update. Financial Highlights – Loss for the period of USD3.7 million (Q3: 2014 USD2.4 million) – Basic and diluted loss per share of USD0.01 (Q3: 2014 USD0.01) – Oil and gas revenue of USD5.7 million (Q3 2014: …
MOU Signed with an IOC to Acquire Interest in Tajikistan PSC
Tethys Petroleum Limited today announced that Kulob Petroleum Limited, its subsidiary, which is the Contractor party to the Bokhtar Production Sharing Contract in Tajikistan, has signed a Memorandum of Understanding (“MOU”) to execute a farmout agreement on the PSC. The potential acquiring party is an international oil and gas company …