Tethys Petroleum Ltd V.TPL

Alternate Symbol(s): TETHF

Energy Oil & Gas E&P

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.

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Tethys Petroleum Ltd

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Comment by TO1on Jul 27, 2012 10:18am

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Post# 20158631

RE: Where is the update?

TPL talks about the the timeing on the Kalypso, Persea and E. Olimtoi wells in their lastest earnings webcast on their website. So that is not what I'm expecting to come out. I'm more interested with the AK07 well that was to be spud "sometime in June or July". That news was to come out first, before any flow test results of the 3 past drilled wells.

The E. Olimtoi was to be tested first, then Persea and Kalyso towards the end of the year. Thats what was stated in the webcast.

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