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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
Post by Dave4444on Oct 06, 2010 11:23am
433 Views
Post# 17534930

Insider Trades - better site

Insider Trades - better site
While Canadianinsider.com is fine for a quick look, it lacks in many respects as it only shows the 10 recent activities.

I prefer SEDI.com which while harder to navigate, is much more detailed and lists all trading activity going back years and lists the current holdings of all insiders.  For example, the recent insider sales of a couple hundred thousand shares can be put in context using SEDI.com

In context, that insider owns several million shares and thus the sale of 200,000 or so shares is meaningless and likely simple diversification of assets.  Would you like all your wealth tied up in one stock or would you sell some and put the money elsewhere even if you believed 100% in TPL.  I know I would sell some just to be on the safe side


PS, Sure happy they set that placement price before trading restarted..
Bullboard Posts