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.

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Tethys Petroleum Ltd

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Comment by oilandgas111on Aug 08, 2011 2:31am

216 Views

Post# 18914878

RE: RE: RE: RE: RE: RE: The

Feasability,
I think u are still dreaming. Anyway this is ur right.
We will know in about 2 weeks about if u dream come true but I a lot more moderate than u. We will see......
Oil loosing another 4$ as I type to 82$. I think we enter to an aera of very slow growth so would not be surprised to market correction and oil going back to 60$. Anyway we will see over the next few months.....
In this the case (oil at 60$) u can produce whatever amount of oil 5000bpd or 100'000bpd TPL Cash Flow will be almost non existent. Dont forget that domesticaly they can sell the oil at around 50% of WTI price.
As I said before oil price is key here.
Good luck to u
Julien

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