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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 oilandgas111on Apr 29, 2011 8:26am
256 Views
Post# 18505364

RE: Fellow Board Members

RE: Fellow Board MembersJandd,
I have a small position that I could get at 1.25$ (only 10% of what I want to buy) . As I said before I like TPL but not ready to overpay it. I can see what the market is ready to pay for Kazak asset with Max for example. That's all. Everybody has different point of view.
My first orders could be filled up so was not that wrong since 6 month.Still have a lot more order from 1$ to 1.25$. 
We can still go lower the trend is still negative. But who knows we will see.....
Bullboard Posts