Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 Xiiillpon Dec 17, 2018 9:13am
59 Views
Post# 29122814

RE:RE:RE:RE:1:10 split

RE:RE:RE:RE:1:10 splitGood call, but this reversesplit is actually the accumulation of roughly 3 to 5 years of bad news. and if your out of the loop, the reverse split was required by an earlier financing clause.   This is a very significant consolidation of shares. This should be viewed as the end of an era, and the beggining of another, and further having 60 million shares instead of 600 million is awsome, also, you cant really drop and have room to fluctuate at such a low share price.  this reverse will give some room to an expanded investor base, who would never invest in 2 cent stock, and possibly even expose some day and swing traders to the mix.     Chevrons recent announcment to focus so much capital on its superfield in kazakhstan also solidifies tethys strategy, and although the cashagan field and tethys properties are no where near each other, its more so the advancment and buildout of oil and gas infrastrucuter and rules and laws and strengthening the industry over all.  tethys properties aremuch closer to china then chevrons properties, so we have this.......im stoked to get this reverse split over with and let the market have its way.  im not the biggest fan of r s  but this could be oppertunity to accumulate more shares for cheaper price.... 
Bullboard Posts