Tethys Petroleum: Q2 Results – Gas Revenue Up 137%
Tethys Petroleum Limited today announced its Results for the quarter ended June 30, 2015. Q2 Financial Highlights (all figures reported in USD millions) — Oil and gas revenue of USD6.8m (2014: USD7.1m) — Gas revenue increased 137% to USD4.8m (2014: USD2.0m) — Production expenses USD4.2m (2014: USD3.2m) — G&A expenses …
Tethys Petroleum: AGR Energy Deal Off, Board Considering Further Approach from Nostrum Oil and Gas
Tethys Petroleum Limited announces that the US$47.7 million financing with AGR Energy Holdings Limited (“AGR Energy”) and related clawback of shares by Pope Asset Management, LLC (the “Financing”) will not now proceed. The Board of Tethys has separately received a further approach from Nostrum Oil & Gas PLC (“Nostrum”) regarding …
Nostrum Oil & Gas: Approaches Tethys Petroleum
Nostrum Oil & Gas PLC (LSE: NOG) (“Nostrum”) announces that, following the recent announcements by Tethys regarding its strategic collaboration with and financing by AGR Energy, Nostrum has made a further approach to the Board of Tethys regarding a possible offer for the entire issued share capital of Tethys. Additionally, …
Nostrum Oil & Gas: Approaches Tethys Petroleum
Nostrum Oil & Gas PLC (LSE: NOG) (“Nostrum”) announces that, following the recent announcements by Tethys regarding its strategic collaboration with and financing by AGR Energy, Nostrum has made a further approach to the Board of Tethys regarding a possible offer for the entire issued share capital of Tethys. Additionally, …
Tethys Petroleum: Nostrum Declares Buyout Interest
Tethys Petroleum Limited acknowledges the announcement made today by Nostrum Oil & Gas PLC (“Nostrum”) regarding its approach to the Board of Directors of Tethys regarding a possible offer for the entire issued share capital of Tethys. Tethys confirms that such an approach from Nostrum has been received. There can …
Nostrum Oil & Gas: Proven Reserve Replacements Ratio at 65%
Nostrum Oil & Gas PLC, an independent oil and gas company engaging in the production, development and exploration of oil and gas in the pre-Caspian Basin, today announces the results of the independent reserves audit of its licenses in north-western Kazakhstan as at 31 December 2014. Highlights from the 2014 …
Nostrum Oil & Gas: Proven Reserve Replacements Ratio at 65%
Nostrum Oil & Gas PLC, an independent oil and gas company engaging in the production, development and exploration of oil and gas in the pre-Caspian Basin, today announces the results of the independent reserves audit of its licenses in north-western Kazakhstan as at 31 December 2014. Highlights from the 2014 …