Tethys Petroleum Limited: 2016 Q2 Results
Tethys Petroleum Limited today announced its Results for the quarter ended June 30, 2016. Q2 Financial Highlights (all figures reported in USD unless stated otherwise. 2015 amounts are for the quarter ended June 30, 2015). Oil and gas revenue down 48% to USD3.5m (2015: USD6.8m); Production expenses down 68% to USD1.3m (2015: …
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: Signs MOU with PetroChina for Gas Sales Into China
Tethys Petroleum Limited is pleased to announce that it has signed a Memorandum of Understanding (“MOU”) with PetroChina International Kazakhstan Ltd (“PetroChina”) and also provide a corporate update to our shareholders. Highlights: — Updated vision and strategy announced focussed on capital discipline, the generation of cash flow from existing reserves …