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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 goldenone1on Jun 21, 2017 1:15pm
118 Views
Post# 26388410

RE:RE:RE:RE:RE:RE:You're Out of Your Minds

RE:RE:RE:RE:RE:RE:You're Out of Your Mindsthere will be a frenzy for sure but i dont see the basis for the comment that things wont be any better.
how is it a benefit for olisol to have  a company worth 3 cents a share? Why spend millions and all the trouble to take the company over? i m not naive to the point of thinking that olisol is ever going to dividend but certainly for their balance sheet they are going to want the share price to grow.

THIS IS THE DISCUSSION that needs to go on on this site. Is there a way they can pull the assets out of the company and leave a shell? I dont think so they are governed by the tsx and the london exchange. ANYBODY have any comments on possible downsides? I m ready to buy more but need to see if there is something Olisol has done in the past with small companies that it takes over. If they have a good track record Im going to give them my proxy.
Bullboard Posts