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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 ryanlaston Apr 16, 2016 7:29pm
145 Views
Post# 24775522

RE:RE:RE:Big dilution coming. Glad I sold? Or big mistake selling?

RE:RE:RE:Big dilution coming. Glad I sold? Or big mistake selling? I started to do a little DD on this company aswell. 

SHOW THE INSIDER SELLS?  
SHOW AN ANALYST THAT HAS A SELL ON THIS COMPANY?

I cant find any. 

All I have seen so far is several willing candidates to try and buy this company. Then being refused by a major shareholder because they believe the company is worth more. So now they found another company willing to invest quite a bit of cash in this company higher then the SP. Ofcourse there is dillution coming but that dillution will bring cash and the expertise to move this forward
 
I only hold a small position in this company because there are risks and i am more bullish on gold and silver. However I think that it could be an option if you believe oil will go higher. The sentiment on oil is still extremely bearish and has been for awhile. Usually the analysts are completely wrong. I think oil will crack $50 for before the end of the year and that could end up being very conservative. We will see. 
Bullboard Posts