Tethys Petroleum

Tethys Petroleum the E&P Company focused on Central Asia and the Caspian Region, provided an update on operations in Kazakhstan. AKD08 (“Doto”) Well The AKD08 (“Doto”) well has reached a depth of 1,368 metres and electric logs have been run in the hole. The 13 3/8th casing is being run …

Tethys Petroleum Limited, the E&P Company focused on Central Asia and the Caspian Region, announces that it has commenced drilling of the AKD08 Exploration well in Kazakhstan. The AKD08 Exploration well is located to the south-west of the Company’s producing Doris field and north of its Dione oil discovery in …

Tethys Petroleum today announced the appointment of Stephen Elliott to the position of Vice President Project Development. Steve has been with the Company since April 2009. In his new corporate role, Steve will now have overall responsibility for Tethys’ operated projects at the project stage in all countries of focus. …

Tethys Petroleum is pleased to announce that it has received final presidential approvals for the Production Enhancement Contract (“PEC”) for the Chegara Group of Oilfields in southern Uzbekistan. According to the Decree of the President of the Republic of Uzbekistan No. PP-2025 “On measures to enhance oil production from the …

Tethys Petroleum Limited today announced its second quarter 2013 financial results. The Company reports financial results in accordance with International Financial Reporting Standards (“IFRS”). Q2 Financial Highlights Increase in earnings (EBITDA adjusted for share based payments) to USD8.0 million from USD1.1 million in 2012 Profit before tax of USD3.9 million …

Tethys Petroleum Limited, the oil and gas exploration and production company focused on Central Asia and the Caspian Region, today announced an update on its Kazakhstan drilling schedule previously announced as part of the Kazakhstan work programme through Q1, 2014. Extended and accelerated drilling programme: Two deep exploration wells now …

Tethys Petroleum Limited announces the completion of the farm-out agreement announced in December 2012 with subsidiaries of Total Exploration and Production and China National Petroleum Corporation whereby each acquired a one third interest in its Bokhtar Production Sharing Contract in Tajikistan. The Bokhtar PSC covers an area of some 35,000 …

Tethys Petroleum Limited today announced the appointment of Denise Lay as Deputy Chief Financial Officer  with immediate effect. Denise has been promoted from her previous position of Vice President Finance with the Company as part of the ongoing strengthening of the Company’s finance team. She has worked for Tethys since …

Tethys Petroleum Limited today announced its Annual Results for the period ended December 31, 2012. The financials are highlighted by a 66% increase in annual oil and gas revenue and the first year in which the Company has generated a cash profit.(1) Financial Highlights Oil and gas sales of USD38.11 …

Tethys Petroleum Limited announced that it had reached a Total Depth (“TD”) of 2,750 metres on the AKD07 exploration/appraisal well and has now run the production liner in order to test the Jurassic carbonate zone which appears to be oil bearing from the drilling and wireline log results. The results …