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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 jackripperIXon May 30, 2016 9:10am
131 Views
Post# 24915211

RE:RE:Chevron-led Consortium to Invest Up to $37 Billion in Kazakh

RE:RE:Chevron-led Consortium to Invest Up to $37 Billion in Kazakh
londry wrote:
Amazing news release. It just gets and better for us. There's going to be perhaps dozens of companies who might want to buy us out. The two things I want addressed ASAP is, first, the netback of our Kaz oil. If you look at Nostrum also in Kaz, they have netbacks near international prices. Management better ensure we get the same pricing. Secondly, I want to see Klymene drilled ASAP not only because we have every reason to believe that giant is going to be a successful hit, but because as soon as they announce the drilling of it the stock price is going to trade at much healthier levels.


I am long on this stock. Perhaps till the end of 2017. I have confidence oil will recover by the end of this year (2016). Summer's just starting and we're seeing very positive oil trend. Summer's oil consumption increases because more people tends to road trip , ect .... This stock will most likely get to 0.20$ by the end of the year if the oil does recover.

Good luck to all longs. 
Bullboard Posts