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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 Mar 08, 2013 2:22pm
238 Views
Post# 21101652

RE: Is it True?

RE: Is it True?

Hey Mustang,

I think it is baked in a little, but not fully.  And even if the 60 million is baked in from a numbers per/share perspective, it is difficult to put a value on the confidence investors will have with these two partners, and an export market for Tajikistan. So many things going on.

What would be really great is the announcement of  a long term gas contract with China for Kazakhstan gas prior to the completion of the Kaz-China pipeline.  That will really move the needle.

Nothing surprises me with TPL anymore. I would like to see  a 20% increase on just the announcement.  I would be dissappointed if it were less and I do not rule out more.  We also have Q4 numbers coming in  a couple of weeks and I assume Kaz will avg around 3700 bpd for that quarter.  Need to see increase cash flow.

 

 

  

Bullboard Posts