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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 05, 2019 11:59am
106 Views
Post# 29587997

RE:RE:Tree shaking time!

RE:RE:Tree shaking time!It doesn’t matter anymore.   The price is completely irrelevant unless you are either wanting to buy more, or wanting to sell prior to the acquisition.   Personally, I cannot believe people would sell prior to the completion of the agreement.   Oh well, who cares.  It does not impact my position as I am waiting on the $0.60 USD.
 
By the way, the Canadian dollar keeps slipping and that makes this buyout even sweeter.    Perhaps in 3 year’s time, when the preferred shares are automatically redeemed for $1.80 USD, Trump will be history and the Canadian dollar will be back into the $0.60’s USD.   Even if the dollar dropped to $0.70, the preferred shares would be redeemed at $2.57 CND.

Bullboard Posts