Tethys Petroleum

Tethys Petroleum Limited today announced the opening of its Doris oil production facilities in Kazakhstan. Oil is currently being trucked from this location at a rate of approximately 1,500 barrels of oil per day (“bopd”), which will increase to 2-2,500 bopd with the new production facilities. With the opening of …

Tethys Petroleum Limited today announced that following acidisation its AKD05 Doris appraisal well in Kazakhstan has flowed some 2,088 barrels of fluid per day, of which 1,568 barrels per day was good quality (45 degrees API) oil. The well flowed with good surface pressures and the flow was limited by …

Tethys Petroleum Limited announces that its entire issued ordinary share capital has been admitted to the standard category of the Official List of the Financial Services Authority and have commenced trading on the main market of the London Stock Exchange under the ticker symbol “TPL”. Depository interests, representing Tethys Petroleum …

Tethys Petroleum Limited today updated on the progress on its Kazakhstan oil exploration and appraisal activities. Work is currently concentrating on the testing of the AKD04 (Dero) and AKD05 (Doris) appraisal wells, and on the continued drilling of the KBD01 (Kalypso) exploration well. Following extensive flow periods and multi-rate testing …

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 …

Tethys Petroleum Limited today issued a holding statement with regard to oil being encountered in its Tajik exploration well East Olimtoi EOL09 in order to ensure all pertinent information is available to the market and the Company’s stakeholders. While drilling at a depth of 3,342 metres in sandstones of the Alai formation (a …

TASHKENT, UZBEKISTAN, Wednesday, May 18, 2011: Tethys Petroleum Limited today provided information on progress at the 15th Uzbekistan International Oil and Gas Conference (“OGU”) in Tashkent and in parallel with this signed a contract with the Institute of Geology and Prospecting for Oil and Gas Deposits (the “Institute”) of NHC …

Tethys Petroleum Limited today announced its first quarter 2011 financial results. The results are underlined by a 112% increase in revenues over the first quarter of last year. The Company reports financial results in accordance with International Financial Reporting Standards (“IFRS”). RECENT HIGHLIGHTS • With sales of US$4.48 million in …

Tethys Petroleum Limited today provided an update on the progress in its Kazakhstan oil appraisal and exploration activities. The AKD04 (Dero) appraisal well has now reached total depth of 2,566 metres and electric logging has been carried out. This well is located on the separate Dero part of the structure …

Tethys Petroleum Limited today announced certain organisational changes within the Company. The Company is pleased to announce the appointment of Mark Sarssam as Vice President Petroleum Development, based in the Company’s new operations and technical office in Dubai, UAE. Marks appointment will strengthen the technical department at a time when there …