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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 Intravires69on Jul 24, 2012 4:48pm
335 Views
Post# 20148198

First Energy

First Energy

Stephane Foucaud, First Energy Capital (7/20/12) "We reiterate our Speculative Buy recommendation on Tethys Petroleum Ltd. with a Target Price of CA$1.70/share following the announcement that the company's gross prospective resources in Tajikistan have been estimated at 27.5 Bboe. . .importantly, this has to be read in the context of ExxonMobil's reported interest in assets in Northern Afghanistan on the other side of the border, suggesting super majors are looking at the region; with this new resources assessment, Tethys is now the company offering exposure to the largest unrisked resources in our coverage universe"

Bullboard Posts