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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 TO1on Sep 06, 2012 10:28am
140 Views
Post# 20324106

RE: CMON

RE: CMON

The timetable is still the 2nd week of Sep for spudding AKD07.

At the end of the day every time the 60cent level gets touched huge orders instantly show up to sell at 59 cents to get it below 60 again. 2 days ago after it hit 60 cents an order to sell 270,000 shares at 59 instantly showed up. The macro issues happening now mean less to the TPL SP than the cap that has been placed at 60 cents by institutions.

News should break that cap and yet news has not come out, so what did you expect? That the crooks playing this game are going to stop with no catalyst to force them out of the way? They could care less if every retail investor died today so I wouldn't hold my breath on them changing their trading patterns until new comes out.

 

  

 

 

Bullboard Posts