Tethys Petroleum

Tethys Petroleum Limited is pleased to announce that in addition to the recently announced US$7.5 million convertible debenture financing, it has entered into an agreement in respect of the issue and sale of an additional convertible debenture as described below. Additional Convertible Loan Signed — Financing: Unsecured convertible loan facility …

Tethys Petroleum Limited today announced its Results for the quarter ended March 31, 2015. Q1 Financial Highlights (all figures reported in USD millions) — Oil and gas revenue of USD5.95m (2014: USD6.78m) — Gas revenue increased 97% to USD4.71m (2014: USD2.39m) — Production expenses down 31% to USD2.61m (2014: USD3.79m) …

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 …

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 …

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 …

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 …

Tethys Petroleum Limited today announced that its wholly-owned Kazakh subsidiary, TethysAralGaz LLP, has received permission from the Ministry of Energy of the Republic of Kazakhstan to extend the Kyzyloi Gas Production Contract for another 15 years, from June 14, 2014 to December 31, 2029. The Ministry of Energy has granted …

Tethys Petroleum Limited is pleased to provided a further update to our shareholders. The Board and Executive Management believe that good progress has been made since the recent Board changes. Key achievements: Agreement to restructure Georgian project Substantial Corporate G&A and Kazakhstan cost reductions New US$6 million loan financing Extension of …

Tethys Petroleum Limited is pleased to announce that the new phase of gas production is on stream and is producing at more than double previous production. Kazakhstan Shallow Gas Programme Update – Gas Production Doubles Following the recent announcement of a new Gas Sales Contract, the next phase of shallow …

Tethys Petroleum Limited today announced that its wholly owned Kazakh subsidiary, TethysAralGaz LLP (“TAG”), has received permission from the Ministry of Energy of the Republic of Kazakhstan to extend the Akkulka Exploration Contract (the “Contract”) for another four years, from March 10, 2015 to March 10, 2019 (subject to certain …