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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
Post by jubbyjubberon Jul 04, 2012 4:28pm
368 Views
Post# 20082374

Could this be a 50 bagger?

Could this be a 50 bagger?

I posted this on the 23rd June but it got no responses

This is a post from JTCod on the ADVFN site in UK, interesting...

"Hi Guys, hope everyone is well and taking advantage of this crazy market. ;-)

I have been looking at the new presentation over the last 2 days:
https://phx.corporate-ir.net/External.File?item=UGFyZW50SUQ9NDcwNDU4fENoaWxkSUQ9NTAxODMxfFR5cGU9MQ==&t=1
See page 15 of above link. Note the 40km scale! (This is all new information.)

Now go back to page 20 of the old presentation. It shows the biggest finds in the area. Gas fields in this basin can represent truly extraordinary footprints. See the biggest red blob - S Yolotan. S Yolotan is 21 trillion cubic mtrs of Gas or 700 trillion cubic feet. That is the 2nd biggest gas field in the world covering 3000 sq km

2 recent links for South Yolotan.
https://coresectorcommunique.blogspot.co.uk/2012/03/tmk-ships-large-diameter-pipe-for-south.html
https://www.tmk-group.com/news.php?act=show_news_item&id=799

I will let you guys calculate what you think this new data implies. I believe this lead is on a very similar horizon to the S Yolotan field (17k feet), which I find encouraging and of course it is thought to be a Jurassic Reef structure also which fits the profile.

The imminent New Tajikistan Resource Report could be spectacular on this evidence. This is just one lead of 182 leads that have been mapped.

I think TPL could well 50 bag from here. AKD07 is still a key component of the story of course. If that goes according to plan TPL should have the cashflow they need to fulfil this potential going into 2013. Particularly as I believe they plan to drill another before the year is out.

We have continued to buy stock in the 30p's for our funds btw. The holding is now particularly large for us.

As ever all IMHO and always DYOR of course

Until next time - bye"

Bullboard Posts