Tethys: To Continue Exclusive Period with AGR Energy, Board Won't Pursue Nostrum Offer
Tethys Petroleum Limited refers to its announcement dated July 13, 2015 confirming the approach made earlier that day by Nostrum Oil & Gas PLC (“Nostrum”) to the board of directors of Tethys (the “Board”) regarding a possible offer for the entire issued share capital of Tethys (the “Possible Offer”). The …
Nostrum Oil & Gas: Approaches Tethys Petroleum
Nostrum Oil & Gas PLC (LSE: NOG) (“Nostrum”) announces that, following the recent announcements by Tethys regarding its strategic collaboration with and financing by AGR Energy, Nostrum has made a further approach to the Board of Tethys regarding a possible offer for the entire issued share capital of Tethys. Additionally, …
Nostrum Oil & Gas: Approaches Tethys Petroleum
Nostrum Oil & Gas PLC (LSE: NOG) (“Nostrum”) announces that, following the recent announcements by Tethys regarding its strategic collaboration with and financing by AGR Energy, Nostrum has made a further approach to the Board of Tethys regarding a possible offer for the entire issued share capital of Tethys. Additionally, …
Tethys Petroleum: Nostrum Declares Buyout Interest
Tethys Petroleum Limited acknowledges the announcement made today by Nostrum Oil & Gas PLC (“Nostrum”) regarding its approach to the Board of Directors of Tethys regarding a possible offer for the entire issued share capital of Tethys. Tethys confirms that such an approach from Nostrum has been received. There can …
Tethys Petroleum: AGR Energy Takes US$47.7m Private Placement Plus Offers US$5m Loan
Tethys Petroleum Limited is pleased to announce that it has signed an agreement for a US$47.7 million(1) private placement of 318,003,951 new ordinary shares at a price of C$0.19(2) per ordinary share (the “Placing”) with AGR Energy Holdings Limited (“AGR Energy Holdings”). In connection with the Placing, the Company has …
Tethys Petroleum: Extends Current Exclusivity Period with AGR Energy Limited
Tethys Petroleum Limited is pleased to announce that it has agreed to extend the current exclusivity period with AGR Energy Limited No. 1 (“AGR Energy”) until midnight Tuesday June 30th, 2015. Previously Tethys announced that it had entered into a limited period of exclusivity with AGR Energy to negotiate a …
Tethys Petroleum: Extends AGR Energy’s Exclusivity Period
Tethys Petroleum Limited is pleased to announce that it has agreed to enter into a short extension to the exclusivity period with AGR Energy Limited No. 1 (“AGR Energy”). On May 14th, 2015 Tethys announced that it had entered into a limited period of exclusivity with AGR Energy to negotiate …
Tethys Petroleum: Extends AGR Energy's Exclusivity Period
Tethys Petroleum Limited is pleased to announce that it has agreed to enter into a short extension to the exclusivity period with AGR Energy Limited No. 1 (“AGR Energy”). On May 14th, 2015 Tethys announced that it had entered into a limited period of exclusivity with AGR Energy to negotiate …
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 …
Tethys Petroleum: Almas Kulumbetov and Oleg Yurikov Honoured for Akkulka Field Discovery
Tethys Petroleum Limited is pleased to announce that two of its long standing and highly valued technical team members, Almas Kulumbetov and Oleg Yurikov, have been awarded a diploma and honorary medal for the discovery of the Akkulka Oil Field in 2009-2010. These honours have been awarded by Mr B. …