Tethys Petroleum: Proven Reserves Up 18%
Tethys, the exploration and production Company focussed on Central Asia, is delighted to announce the result of an updated Independent Reserves Report, which has been prepared by Gustavson Associates with an effective date of December 31, 2014. The report meets the expectations of the Canadian Oil and Gas Evaluation Handbook …
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 Petroleum AKD03-Dione Exploration Well Tests Oil from Cretaceous
Tethys Petroleum Limited today announced that the AKD03 Dione exploration well has tested oil from the Cretaceous interval, the uppermost pay zone in the well. This interval, a sandstone of Middle Cretaceous (Albian) age at 1,630 metres (5,346 feet), tested 40° API oil (slightly heavier than the oil in the …