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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Comment by Dave4444on Aug 26, 2010 9:06am

376 Views

Post# 17385108

RE: THIS STOCK IS A SCREAMING BUY !

I fully agree, I have been one of the accumulators since it first issued flowtest results on the first well. I have traded a bit but always keep a core position. On this latest pullback I have bought more and now hold a full position in TPL and will not buy more as it already makes up 10% of my holdings. Patiently waiting for more drill results, the news so far is the best that I could imagine, but nothing ever works out perfectly, there are always bumps in the road to success.

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