Eurasia Journal News

Tethys Petroleum: Kazakh Production Up 19%

Tethys Petroleum Limited provides the following corporate update to its shareholders. Highlights — Resolution reached with SinoHan. — Following the greater than 50% reduction of our corporate and regional overheads, further restructuring and costs reductions are on going. — As part of the ongoing strategic review, Tethys remains in an …

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Eurasia Journal News

Tethys Petroleum: Number of Parties Express Financial Packages, SinoHan Requests Loan Repayment and Penalty

Tethys Petroleum Limited today provides an update on the Strategic Review process and on-going discussions with SinoHan Oil and Gas Investment Number 6 B.V. (“SinoHan”). The Strategic Review process, being undertaken with the assistance of Macquarie Capital, is progressing well, with a number of new parties expressing an interest in …

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Eurasia Journal News

Tethys Petroleum: Strategic Review, SinoHan Deal Not Proceeding

Tethys Petroleum Limited today provides further details of the previously-announced strategic review, and a SinoHan Oil and Gas Investment Number 6 B.V. transaction update, to shareholders. Highlights — A strategic review of the business which encompasses options including asset sales, farm-outs, financing, investments at the corporate level, or the sale …

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Eurasia Journal News

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 …

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Eurasia Journal News

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 …

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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 …

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Tethys Petroleum: Annual Report

Tethys Petroleum Limited today announced its Annual Results for the year ended December 31, 2013. Corporate Highlights — Completion of a farm-out of 66.66% of the Tajik Bokhtar Production Sharing Contract agreement to subsidiaries of Total Exploration and Production SA and China National Petroleum Corporation for USD63.4 million — Conditional …

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Tethy Petroleum Kazakhstan In Farm Out Deal for $75m USD with SinoHan

Tethys Petroleum Limited, the oil and gas exploration and production company focused on Central Asia and the Caspian Region, today announced that it has entered into a definitive agreement for the sale of 50% of its Kazakh oil & gas assets to SinoHan Oil and Gas Investment B.V. (“SinoHan”), part …

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