Eurasia Journal News

Tethys Petroleum: Outlines Strategic Plan for 2015

Tethys Petroleum Limited is pleased to provide an update to our shareholders on the current operations, forward plans and the strategic focus of the Company over the next 12 months. Following the appointment of the new Executive Chairman, Mr. John Bell, and three new Non-Executive Directors of the Company, the …

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Eurasia Journal News

Tethys Petroleum: Extends Sale Deadline with SinoHan Oil and Gas Investments for Tethys Kazakhstan

Tethys Petroleum Limited today provided an update on the sale of 50% (+ 1 share) of Tethys Kazakhstan S.A to SinoHan Oil and Gas Investment 6 B.V. (“SinoHan”), part of HanHong, a Beijing, PRC based private equity fund. This deal is based upon USD75 million for the 50% (+ 1 …

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Tethys Petroleum: Operational Update

In Kazakhstan, work continues on the gas project with the dehydration equipment having now been successfully tested in China and being shipped to Kazakhstan. Work is proceeding well on the installation of additional field pipelines, etc., and we are on track for meeting our production target of three times current …

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Tethys Petroleum: On Course to Achieve 3 Fold Gas Production Increase After Latest Test Results

Tethys Petroleum Limited is pleased to announce the test results from AKK17, AKK18, AKK19 and AKK20; the first four shallow gas exploration wells of its 2014 programme. The AKK17, AKK18, AKK19 and AKK20 wells tested at an aggregate rate of approximately 650 Mcm/d (23MMcf/d) from the Tasaran horizon. It is …

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Tethys Petroleum: 15 Year Extension to the Kyzyloi Gas Contract

Tethys Petroleum Limited, following on from the recently announced Kazakh State Reserves Committee approval, today confirmed that it has received approval from the Ministry of Oil & Gas of the Republic of Kazakhstan for the extension its Kyzyloi Production Contract for a further 15 years to June 2029. The Contract …

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Tethys Petroleum: AKK20 Well Completed. Logs Indicate Hydrocarbon Presence

Tethys is pleased to announce completion of drilling and logging of the AKK20 exploration well, the fourth well in its 2014 shallow gas drilling programme in Kazakhstan. The well was drilled to a depth of 681 metres (2,234 feet) with hydrocarbon shows and electric logs indicating the presence of hydrocarbons …

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Tethys on Track for a 15 Year Extension to Kyzyloi Gas Contract

Tethys Petroleum Limited (“Tethys” or the “Company”) (TSX:TPL)(LSE:TPL) today announced that the Kazakh State Reserves Committee (GKZ) has approved the Company’s gas reserve evaluation for the Kyzyloi Production Contract area (the “Contract”). This approval is a precursor to a further extension of 15 years of the Contract and is subject to …

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Tethys Petroleum Limited: First Quarter 2014 Financial Results

Tethys Petroleum Limited(“Tethys” or the “Company”) (TSX:TPL) (LSE:TPL) today announced its First Quarter 2014 Financial Results. Corporate Highlights — Drilling of a further 3 successful shallow gas exploration wells: AKK17, AKK18 and AKK19. These wells have a predicted test capacity of over 20 million cubic feet (570,000 cubic metres) of …

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Tethys Petroleum Limited: First Quarter 2014 Financial Results

Tethys Petroleum Limited today announced its First Quarter 2014 Financial Results. Corporate Highlights Drilling of a further 3 successful shallow gas exploration wells: AKK17,AKK18 and AKK19. These wells have a predicted test capacity of over 20 million cubic feet (570,000 cubic metres) of gas per day based on nearby similar …

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Tethys Petroleum: Annual Report

Tethys Petroleum Limited today announced its Annual Results for the year ended December 31, 2013. Corporate Highlights — Completion of a farm-out of 66.66% of the Tajik Bokhtar Production Sharing Contract agreement to subsidiaries of Total Exploration and Production SA and China National Petroleum Corporation for USD63.4 million — Conditional …

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