Tajikistan Will Soon Have a Lot of Oil and Gas
The Bokhtar project, which the Chinese CNPC took over from the French TotalEnergies in Tajikistan, has entered the implementation stage. The Chinese CNPC has begun implementing a project for the exploration and production of new hydrocarbon deposits in southwest Tajikistan. We are talking about the Bokhtar project, located in the …
Tethys Petroleum: Q3 Results – Sales Down But Revenue Up 45%
Tethys Petroleum Limited today announced its results for the quarter ended September 30, 2017. Q3 Financial Highlights (all figures reported in USD unless stated otherwise. 2016 amounts are for the quarter ended September 30, 2016) Oil and gas sales and other revenues decreased by 17% to USD2.6 million from USD3.1 …
Tethys Aral Gas: Continues Akkulka Project Development
Approval Received for Continuation of Oil Production The Company’s subsidiary Tethys Aral Gas LLP (“TAG”) was recently notified by the competent authority in Kazakhstan of its approval of the continuation of the Company’s Akkulka Oil Field Pilot Production Project (the “Project”) from January 1, 2018 to March 10, 2019. This …
Tethys Petroleum: EGM Delayed As Oilsol Fails to Provide Director Info
Tethys Petroleum Limited (“Tethys” or the “Company”) (TSX:TPL) HEREBY GIVES NOTICE THAT the extraordinary general meeting (the “Meeting”) of the holders of ordinary shares of the Company which the Company previously announced would be held at the offices of Borden Ladner Gervais LLP, Bay Adelaide Centre, East Tower, 22 Adelaide …
Tethys Petroleum: ESP Performing Well, Great Wall to Spin Bit Next Week
Tethys Petroleum Limited today announces a corporate update. Electrical Submersible Pump (“ESP”) On June 2, 2017 the Company announced the successful installation of an ESP to significantly boost production from its main oil producing well, AKD-01. The Company is pleased to report that AKD-01 has stabilised and both the well …
Tethys Petroleum: Installs ESP at AKD-01
Tethys Petroleum Limited today announces that it has successfully completed the installation of an Electrical Submersible Pump (“ESP”) in its main oil producing well, AKD-01. AKD-01 has been producing under natural pressure since first oil in September 2010 and to date has produced approximately three million barrels of oil. Production …
Tethys Petroleum: Q1 2017 Results – Revenues Down 86% Due to Lack of Gas Sale, Gas Sold in May 2017
Tethys Petroleum Limited today announced its Results for the quarter ended March 31, 2017. Q1 Financial Highlights (all figures reported in USD unless stated otherwise. 2016 amounts are for the quarter ended March 31, 2016) Oil and gas sales and other revenues decreased by 86% in the first quarter of …
Tethys Petroleum: 2016 Results and Outlook
Tethys Petroleum Limited today announced its Annual Results for the year ended December 31, 2016. Corporate Highlights – 2016 Conversion of USD6.3m of loans by Olisol Petroleum Limited (together with Olisol Investments Limited “Olisol”) into ordinary shares of Tethys at USD0.10 per share; Binding Amended and Restated Investment Agreement entered …
Tethys Petroleum: Great Wall Drilling Wins $6m Tender for 10 Shallow Wells
Tethys Petroleum Limited today announces that Great Wall Drilling Company was the winner of a tender for a ten well shallow gas well drilling program. Tethys now has ten (10) days to sign a contract with Great Wall, the cost of which drilling is expected to be approximately $6 million …
Tethys Petroleum: Moves Kazakh Office and Adjusts Georgia Seismic Work Plan
Tethys partner in Georgia, Georgia Oil and Gas Limited (“GOG”), has been notified by the Georgian State Agency of Oil and Gas that GOG and Tethys will not be required to complete the previously agreed work programme commitment to conduct 50 km of 2D seismic acquisition in Block XIN by …