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Tethys Petroleum Ltd V.TPL

Alternate Symbol(s):  TETHF

Tethys Petroleum Limited is an oil and gas exploration and production company focused on Central Asia and the Caspian Region with projects in Kazakhstan. Through its subsidiaries, TethysAralGas LLP and Kul-Bas LLP, it operates over four contracts in the North Ustyurt basin to the west of the Aral Sea adjacent to the prolific Pre-Caspian basin. It has a 100% working interest in the Kyzyloi Production Contract (449 square kilometers (km2)), Akkulka Exploration License and Contract (827 km2), Akkulka Production Contract (396 km2) and Kul-Bas Exploration and Production Contract (7,632 km2). The Kul-Bas exploration and production contract area surrounds the Akkulka block, which has an exploration area of over 7,632 km2. Kyzyloi and Akkulka gas development fields are tied into the Bukhara-Urals gas pipeline by an over 56-kilometer pipeline owned and built by the Company. The Doris oil field provides over two oil-bearing zones, the lower zone and an upper, lower cretaceous sandstone zone.


TSXV:TPL - Post by User

Bullboard Posts
Post by lockstock99on Feb 02, 2011 9:43pm
393 Views
Post# 18066054

C'mon throw me a bone

C'mon throw me a boneThrow me a bone will ya Tethys. KOM well news release Nov 17 said testing would take a month- we are now 11 weeks past and no news. Any Canadian petro people on board- how long does it take to test a gas well?  I don't think a failure on this one well sinks the ship but they couldn't test AKD3 so far also apparently for technical reasons. No news also on drilling results from Uz now many months later. Really, Tethys?Before you call me a basher, let me assure you I will stand up and  cheer louder than any of you for good news, but I think their operations are very SLOPPY and their news releases are very SLOPPY. Just the facts Jack. I wouldn't be so upset if we were in a lousy market, but this is one of the greatest bull markets for junior O&G companies ever and we ain't enjoying it.
Bullboard Posts