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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 Intravires69on Feb 20, 2012 10:41am
322 Views
Post# 19557319

RE: Insiders...

RE: Insiders...

Hey Clint,

 

I suspect TPL is a newer interest of yours.  I am not sure if you know that Wells is an insider only because he manages investment fund(s) that own in excess of 10% of TPL. So, while buying is always better than selling, he is not a traditional insider.  He does have  alot at stake with this play though.  I see he bought some more last week.

 

Feb 17/12 Feb 17/12 Wells, William Paul Wells Indirect Ownership Common Shares 10 - Acquisition in the public market 143,500
.666
Feb 16/12 Feb 16/12 Wells, William Paul Wells Indirect Ownership Common Shares 10 - Acquisition in the public market 36,000
.670

Let's hope Greece gets its deal today, the US continues to improve and the risk switch remains turned on.   

 

Bullboard Posts