Can anybody explain..???
Q3 HIGHLIGHTS
-- The average oil and gas production per production day for the nine
months ended September 30, 2011 was 6,111 boe/d compared to 4,603 boe/d
in the same period of 2010.
-- Production revenues from Kazakhstan and Uzbekistan in the nine months
ended September 30, 2011 totalled some US$15.5 million compared to
US$11.3 million in the same period of 2010, representing a 37% increase.
-- Cash balance at September 30, 2011 was US$18.4 million compared to
US$12.9 million at September 30, 2010.
-- Net loss for the nine months to September 30, 2011 was US$17.6 million
compared to $18.4 million in the same period of 2010.
-- Capital expenditure, excluding the joint venture in Tajikistan, in the
nine months ended September 30, 2011 was US$36.8 million compared to
US$23.2 million as at September 30, 2010.
-- Total assets at September 30, 2011 were US$255.1 million compared to
US$182.1 million at September 30, 2010.
-- The Doris oil production facilities in Kazakhstan were completed and the
trucking of oil commenced from this location at a rate of over 1,500
bopd.
-- The AKD05 Kazakh appraisal well flowed at 1,568 barrels per day of good
quality (45 degrees API) oil during testing. Flow data indicate that the
well would be capable of flowing around 3,000 barrels per day with
reconfiguration of the production facilities.
-- Tethys commenced trading on the main market of the London Stock Exchange
under the ticker symbol "TPL".