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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
Comment by lockstock99on Aug 02, 2012 8:42pm
309 Views
Post# 20179551

RE: RE: We need some good news asap!

RE: RE: We need some good news asap!

I am sorry for Mr. Robson if he is truly ill but not sorry at all to see him gone. This company has never made any money but he has lined his pockets for millions of dollars from his consulting company to TPL- just read the quarterly and annual reports and tell me if I am wrong. He personally made millions over the past several years while the stock price cratered. Two years ago production was promised to be 10,000 barrels by the end of that year,listen to the recordings- of course, didnt materialize. Notice the similarity to current  promises/releases.  He knew how to play the game and milk every sucker for every penny. How many billions of barrels of oil potential was promised to be there in Kaz. 3 years ago now appearing in press releases in Taj meanwhile not a successful well there. I was stupid enough to bite on this a couple of years ago but this is a warning to anyone stupid enough to buy into this now. Mr. Robson was the consummate phony in my opinion- I have to give him credit for his skills. He should teach the class. Wouldn't surprise me if he isn't  sick at all and this is being done to avoid taxes/prosecution/shareholder lawsuits.

Bullboard Posts