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.

TSXV:TPL - Post by User

Tethys Petroleum Ltd

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Post by ShatnersRugon Dec 11, 2014 9:09am

228 Views

Post# 23218590

Never thought that it would get this bad

Commodity prices have fallen off a cliff recently.... but even so, I never thought that I'd see Tethys sold/bought at 17.5 cents.

My jaw dropped when I saw that this morning. Thankfully it recovered a little in late trading yesterday. It looked at though an entity with ~1,000,000 shares has jumped ship over the last few days. I sincerely hope that this infernal selling at firesale prices is over.

Does anyone here read non-mainstream news (i.e. - out of Asia)? Perhaps some happenings may also have played a role in this selloff?

Lastly, for those that follow this company closely, what sources do you refer to when you want to see what price TPL sells its product for?

Thanks in advance,
Shat

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