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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 TheGreatGazoo2on Apr 22, 2016 10:28am
59 Views
Post# 24798549

RE:RE:RE: Oil Prices Up On Signs of Slower Production

RE:RE:RE: Oil Prices Up On Signs of Slower ProductionGood point. It is pretty safe to say that TPL is currently undervalued, so I fully expect the remaining Oilsol buyout will be closer to 10 cents than current price. Once agreement is complete, this SP will rocket. Oilsol brings so many resources that sales growth will be exponential. Also, by year end 2015, they already had growth on the books of 150 million m3 of new gas contacts. 2016 is going to be a huge year for Tethys - just give them time to get this agreement complete. Look at it this way, the waiting period is providing a buying opportunity way under market value - this will look like such a gift in just a few months!!
RHertig wrote:  I think the market is waiting on how much Olisol buys the rest of their stock at. I am sure they are argueing for way closer to current market price than the 10 cent us they converted debt at. I sure hope TPL managment sticks to their guns and push for the full ten cents.


Bullboard Posts