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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 Feb 28, 2012 3:10am
210 Views
Post# 19595920

RE: RE: GAP UP!

RE: RE: GAP UP!

You see Intravires69 I was right to load up the truck 4 months ago at 47 cents. I have already done 100%. I will keep my 400'000 shares for few years and not sell any of them under $10.

I am specialized in oil&gas junior companies and rarely see that much potential with that low risk. I am sleeping well at night :)

They plan to produce 12'000bpd from doris by year end + 3'000-4'000bpd form tajik

I am even not speaking about the gas they are producing (3'200boepd) which can be tight next year to the chinese pipeline and be sold at $7-$8/mcf. Production can be also increased to 12'000boepd (for the gas)

I am even not speaking about Kalypso that has find oil and will be tested in few months. Kalypso can be a game changer  (with up to 400MM barels reco)

I am even not speaking about all the potential in Tajik and the fact that we own 5 rigs.

Honnestly right now we should be priced at $2 and I see $10 a share within 3-4 years time.

Best

Julien

 

 

Bullboard Posts