Thought I would start a thread on this company.

http://www.tethyspetroleum.com/tethys/index.action



Any holders or views on here?

I hold

Tethys Petroleum CEO looks towards a "substantial increase" in profitability

VIDEO INTERVIEW

Published on 19 Apr 2012 by ProactiveInvestors

18.4.12 Dr David Robson, CEO of Tethys Petroleum (TSE:TPL LON:TPL), tells Proactiveinvestors that with the increase of Tethys' shareholding to 85% in an asset covering an area "the size of Switzerland" in Tajikistan and the opening of a new oil rail-loading terminal in Kazakhstan with handling capacity of up to 12,000 bopd, investors can look forward to a "very exciting" latter half.


http://http://www.proactiveinvestors.co.uk/companies/stocktube/1110/tethys-petroleum-ceo-looks-towards-a-substantial-increase-in-profitability-1110.html


http://www.tethyspetroleum.com/media/Article/20120507/EN_US/WorldView-APR[1].pdf

Q1 revenues increase by 45% for Tethys Petroleum
StockMarketWire.com
Tethys Petroleum Limited first quarter 2012 financial results show a 45% increase in revenues over the first quarter of last year.

Q1 2012 Total Revenue was USD$6.49 million (Q1 2011: USD$4.48 million).

Q1 2012 average oil and gas production was 5,117 barrels of oil equivalent per day (Q1 2011: 4,531 barrels of oil equivalent per day)

Q1 2012 average oil production from the Doris field in Kazakhstan was 1,038 barrels of oil per day (Q1 2011; 337 barrels of oil per day). Q1 2012 average gas production was 566 Mcm/d (Q1 2011: 511 Mcm/d).

Following the resounding success of our first two events, Mining and Resources Quarterly is proud to offer another chance for you to meet, hear from and ask questions of key senior management figures from carefully selected companies.



This event offers an unique opportunity not only to hear about the latest plans from some of the most exciting companies in the sector, but also to put your questions to the people that matter. What is more, there is a free drinks and canapés reception where you can mingle with industry leaders and your fellow investors. Make sure you don't miss this unique opportunity to get the answers you need from the people who make the market.

NEXT EVENT

Date: Wednesday 23rd May 2012

Venue: Novotel, London Tower Bridge, 10 Pepys Street, London, EC3N 2NR

Registration: 6.00pm

Presentations: 6.30pm followed by a drinks/canapés reception



Companies Presenting:



Magnolia Petroleum Plc is an AIM quoted, US focussed, oil and gas exploration and production company with interests in 70 producing properties and non-producing assets covering 16,515 gross acres and 3,000 net acres primarily located in the oil rich Mississippi play in Oklahoma, 4,850 gross acres and 375 net acres in the highly productive oil play in the Bakken/Three Forks Sanish fields in North Dakota as well as the substantial and proven Woodford and Hunton plays, in Oklahoma. The Company focuses on producing areas where the application of horizontal drilling and/or hydraulic fracturing and other techniques offers scope to significantly improve recovery/flow rates. Targeting proven areas lowers exploration risk, illustrated by Magnolia's tremendous success rate achieved so far - 27 out of the first 28 wells in which the Company has participated in have been commercially successful. In addition Magnolia focuses on fields that predominantly produce oil rather than gas securing higher revenues and margins as a result of the higher oil price.



Kea Petroleum (AIM:KEA) is an oil and gas explorer in New Zealand and Australia. Taranaki, New Zealand where Kea is currently exploring has a long history of proven reserves. In 2010 New Zealand Energy Corp and Tag Oil both struck oil resulting in share prices increasing 165% and 100% respectively.

2012 has seen the beginning of Kea’s most exciting and active year. On 10 April, it struck oil and is awaiting equipment to test a field with a potential between one and three million barrels. Two weeks later it commenced drilling its second 2012 well. Later drilling will include one co-funded by Methanex, the world’s largest supplier of methanol.

Ian Gowrie-Smith, Chairman will detail Kea’s exciting prospects.



Ariana Resources PLC is an AIM listed gold exploration and development company focussed on epithermal gold-silver and porphyry copper-gold deposits in Turkey.

The Company aims to deliver shareholders value through the dual strategy of developing a profitable gold mining operation and building long term value through exploration. Ariana creates value via the identification and advancement of projects up the value curve to development.

Michael de Villers, Non-Executive Director and Company Secretary, will focus on the recent progress made towards establishing a profitable mining operation at the Red Rabbit Gold Project in Western Turkey, in addition to updates on its independent and joint venture exploration activities.The presentation will also set out the Company's key objectives as Red Rabbit moves towards production, and the key value triggers which investors should watch out for over the next 12 months.


Tethys Petroleum Limited (TPL) is an oil and gas exploration and production company listed on the main board of the London Stock Exchange and the Toronto Stock Exchange. Tethys is focused on the prolific sedimentary basins of Central Asia and the Caspian Region, with its current projects in Kazakhstan, Tajikistan and Uzbekistan.

The Company owns and operates its own drilling rigs, pipelines, production facilities and related equipment. The Company's staff have proven expertise and experience in applying modern techniques and technologies in rehabilitation of existing fields, exploration and production.

The speaker will be Dr David Robson. Dr Robson is the Chairman, President and Chief Executive Officer of Tethys Petroleum Limited




Click here to go to Event

KAZAKHSTAN ASSETS
In Kazakhstan, Tethys Petroleum is operating through its wholly owned subsidiaries, TethysAralGas LLP and Kul-Bas LLP, under 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 (287 sq. km), Akkulka Exploration Contract (1,380 sq. km), Akkulka Production Contract (110 sq. km) and the Kul-Bas Exploration and Production Contract (8,890 sq. km).

This highly prolific oil and gas area is rapidly developing and the Company believes significant potential exists in both exploration and in discovered deposits. The Company is currently developing two shallow gas fields, namely Kyzyloi and Akkulka, and has plans to further expand this gas development. Its recent exploration oil discovery lies at deeper levels in the same area and the Company believes that this discovery (currently named "Doris") has substantial potential. Appraisal of Doris and further oil exploration activities are planned for 2010.

TAJIKISTAN ASSETS
In Tajikistan, Tethys Petroleum was one of the first oil and gas companies to work in the Republic. Tethys also negotiated the first Production Sharing Contract ("PSC") for the large Bokhtar area in the southwest region of the country. This PSC has a term until June 2033, and covers an area of some 34,785 sq. km including almost the entire Tajik portion of the Afghan-Tajik basin, part of the prolific Amu Darya basin. This is an underexplored basin with what the Company believes to be very large upside potential, especially in the deeper horizons with possible analogues to the supergiant gas and gas condensate fields in nearby Turkmenistan and Uzbekistan.

The Company, working through its 51% owned subsidiaries, Tethys Services Tajikistan and Kulob Petroleum Limited, is currently involved in an extensive programme of oil and gas field re-development, exploration drilling, and seismic acquisition.

UZBEKISTAN ASSETS
Tethys Petroleum's current activities in Uzbekistan relate to increasing oil production from the North Urtabulak oilfield. Here the Company operates under a Production Enhancement Contract ("PEC") with NHC Uzbekneftegaz, the State oil and gas company and is involved in working to increase oil production. The North Urtubulak field is located in the Kashkadarya region of Uzbekistan south east of the city of Bukhara and within the prolific Amu Darya basin. Tethys Petroleum is planning to further expand production under the PEC through the drilling of new wells and the application of modern production enhancement techniques.

Tethys Petroleum's Uzbek subsidiary, Tethys Petroleum Uzbekistan B.V., has established a representation in Tashkent, the Uzbek capital city and is actively seeking additional projects in Uzbekistan on other producing fields and also projects with exploration potential.



World Bank issues $120M political risk guarantee on Uzbek gas deal
World Bank's MIGA will insure Lukoil drilling investment in Uzbekistan

Friday, June 15, 2012 -
The World Bank said Thursday it has extended a $119.5 million investment guarantee on a deal between Uzbekistan and Lukoil that is expected to spur the economy of the Central Asian state.

The World Bank guarantee secures Uzbekistan’s first project finance deal to develop a gas field with the support of a consortium of international banks.

"We have witnessed first-hand the attention this project has received, mainly for its ability to enable a consortium of international banks to provide project finance in Uzbekistan for the first time," said Abir Burgul, senior underwriter of the World Bank’s political risk insurance arm Multilateral Investment Guarantee Agency, in the MIGA statement.

Joint venture Lukoil Overseas Uzbekistan Ltd will spend the financing on developing the Khauzak-Shady Block and the Kandym Field Group, two significant natural gas prospects.

The deal provides a needed boost for Uzbekistan’s reputation to attract foreign investments.

"Without multilateral organizations' involvement in this project, we would have been hard-pressed to find financing,” admitted a senior financial officer at Lukoil.

BNP Paribas (Suisse), which acted as an agent for the consortium of banks, said the commercial banks would not have backed the project without the political risk insurance from MIGA.

Sub 28p or bouncy bouncy?

Tethys Petroleum Limited: Loan Facility Agreed
PIM
FOR: TETHYS PETROLEUM LIMITED TSX, LSE SYMBOL: TPL June 29, 2012 Tethys Petroleum Limited: Loan Facility Agreed ALMATY, KAZAKHSTAN--(Marketwire - June 29, 2012) - Tethys Petroleum Limited (TSX:TPL)(LSE:TPL) today announced that its Kazakh subsidiary had reached agreement on a USD 16.5 million loan facility. This facility is provided by a Kazakh bank to Tethys Aral Gas, a wholly owned Kazakh subsidiary of Tethys, and is available to fund capital expenditures in Kazakhstan. It can be drawn down at any time but the company is under no obligation to do so. This facility has a term of up to four years depending on the company's requirements and bears an interest rate of 14% per annum on sums drawn down. It is to be secured against field facilities in Kazakhstan. An initial USD 3.5 million of this facility has been drawn down. Bernard Murphy, Chief Financial Officer, stated "This facility provides flexibility to meet the company's possible funding requirements should the company wish to make use of it and I believe it is prudent financial management at this time." Tethys is focused on oil and gas exploration and production activities in Central Asia with activities currently in the Republics of Kazakhstan, Tajikistan and Uzbekistan. This highly prolific oil and gas area is rapidly developing and Tethys believes that significant potential exists in both exploration and in discovered deposits. This press release contains "forward-looking information" which may include, but is not limited to, statements with respect to our operations. Such forward-looking statements reflect our current views with respect to future events and are subject to certain risks, uncertainties and assumptions. See our Annual Information Form for the year ended December 31, 2011 for a description of risks and uncertainties relevant to our business, including our exploration activities (which are incorporated herein by reference). The "forward looking statements" contained herein speak only as of the date of this press release and, unless required by applicable law, the Company undertakes no obligation to publicly update or revise such information, whether as a result of new information, future events or otherwise. FOR FURTHER INFORMATION PLEASE CONTACT: North America Tethys Petroleum Limited Sabin Rossi, Vice President Investor Relations Office: +1 416-941-1257 +1 416-947-0167 (FAX) OR Europe Tethys Petroleum Limited Veronica Zhuvaghena, Vice President Corporate Communications Office: +44 1481 725911 +44 1481 725922 (FAX) OR Corporate Brokers: FirstEnergy Hugh Sanderson / Derek Smith Office: + 44 207 448 0200 OR Seymour Pierce Richard Redmayne / Jonathan Wright / Stewart Dickson Office: +44 207 107 8000 OR Asia Pacific: Quam IR Anita Wan Office phone/fax: +852 2217 2999 OR FTI Consulting Ben Brewerton / Edward Westropp Office: +44 207 831 3113 OR Tethys Petroleum Limited info@tethyspetroleum.com Web: www.tethyspetroleum.com Mobile site: m.tethyspetroleum.com Tethys Petroleum Limited

Seems to be bouncing!!

19% yesterday and 6% today.

News supposedly due this month.

Anybody involved on here?

hi riviera, yes i have some of these, was alerted by a post by jtc over on advfn, he has his own thread on advfn and is a very astute individual, i have shown a link to his initial research and reasons for investing, it is a great read

http://uk.advfn.com/cmn/fbb/thread.php3?id=13974731&from=56587#firstpost

might have to copy and paste this into your browser

been a nice couple of days, I need it as portfolio is about 60% down last 16 months, hoping tpl can repair some of this good luck

Cheers Eringael,

Thanks for the link - Very good reading - Informative!

I really do think these are going to do well.

Good luck to you also

TETHYS PETROLEUM LIMITED TSX, LSE SYMBOL: TPL July 9, 2012
Tethys Petroleum Limited: New Director Appointed GRAND CAYMAN, CAYMAN ISLANDS--(Marketwire - July 9, 2012) -

Tethys Petroleum Limited ("Tethys" or "the Company") (TSX:TPL)(LSE:TPL) is pleased to announce the appointment of Ambassador Zalmay Khalilzad to the Board of Directors of Tethys Petroleum Limited. The appointment of the new director is subject to acceptance by the Toronto Stock Exchange. Ambassador Khalilzad will also chair a new Strategic Risk Committee of the Board. Dr. David Robson, Chairman, President and Chief Executive Officer of the Company, commented, "I am delighted that Ambassador Khalilzad has agreed to join our Board. The Ambassador brings with him a vast set of skills and global insight, which I believe will complement the strengths of our other Board members. Ambassador Khalilzad is a very well known and respected diplomat in the Central Asian/Caspian/Middle East region as well as his global experience particularly during his period as United States Ambassador to the United Nations. This addition to the Board will help provide further guidance in moving the Company forward." Brief Biography: Ambassador Khalilzad is President of a Washington, D.C. based firm focused on the Middle East and Central Asia. From 2007 to 2009, Ambassador Khalilzad served as the United States Ambassador to the United Nations. Prior to that, he served as United States Ambassador to Iraq (2005-2007) and United States Ambassador to Afghanistan (2003 to 2005). He also served as United States Special Presidential Envoy to Afghanistan (2001 to 2003). Ambassador Khalilzad sits on the boards of the National Endowment for Democracy, America Abroad Media, the Center for the National Interest, the Atlantic Council, the RAND Corporation's Middle East Studies Center, the American University of Iraq in Suleymania, and the American University of Afghanistan. He is also a counselor at the Center for Strategic and International Studies. He maintains close ties with high-level leadership throughout the Middle East and Central Asia, and is regularly called upon to provide strategic advice to numerous heads of state. He appears frequently on US and foreign media outlets to share his foreign policy expertise. Ambassador Khalilzad earned his B.A. and M.A. degrees from the American University of Beirut, as well as a Ph.D. from the University of Chicago. Tethys is focused on oil and gas exploration and production activities in Central Asia with activities currently in the Republics of Kazakhstan, Tajikistan and Uzbekistan. This highly prolific oil and gas area is rapidly developing and Tethys believes that significant potential exists in both exploration and in discovered deposits. -30- FOR FURTHER INFORMATION PLEASE CONTACT: North America Tethys Petroleum Limited Sabin Rossi, Vice President Investor Relations Office: +1 416-941-1257 +1 416-947-0167 (FAX) OR Europe Tethys Petroleum Limited Veronica Zhuvaghena, Vice President Corporate Communications Office: +44 1481 725911 +44 1481 725922 (FAX) OR Corporate Brokers: FirstEnergy Hugh Sanderson / Derek Smith Office: + 44 207 448 0200 OR Seymour Pierce Richard Redmayne / Jonathan Wright / Stewart Dickson Office: +44 207 107 8000 OR Asia Pacific: Quam IR Anita Wan Office phone/fax: +852 2217 2999 OR FTI Consulting Ben Brewerton / Edward Westropp Office: +44 207 831 3113 OR Tethys Petroleum Limited info@tethyspetroleum.com Web: http://www.tethyspetroleum.com Mobile site: m.tethyspetroleum.com -0- Tethys Petroleum Limited

Tethys Petroleum Limited Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons ------------------------------------------------------------------------------------------------------- 1. Name of the issuer 2. State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2 R, (ii) a disclosure made in accordance TETHYS PETROLEUM LIMITED with LR 9.8.6R(1) or (iii) a disclosure made in accordance with section 793 of the Companies Act (2006). THE DISCLOSURE IS MADE IN ACCORDANCE WITH DTR 3.1.2 R ------------------------------------------------------------------------------------------------------- 3. Name of person discharging 4. State whether notification relates to a managerial responsibilities/director person connected with a person discharging managerial responsibilities/director named in ZALMAY KHALILZAD 3 and identify the connected person N/A ------------------------------------------------------------------------------------------------------- 5. Indicate whether the notification is in 6. Description of shares (including class), respect of a holding of the person debentures or derivatives or financial referred to in 3 or 4 above or in respect instruments relating to shares of a non-beneficial interest(1) N/A N/A ------------------------------------------------------------------------------------------------------- 7. Name of registered shareholders(s) and, if 8. State the nature of the transaction more than one, the number of shares held by each of them N/A N/A ------------------------------------------------------------------------------------------------------- 9. Number of shares, debentures or 10. Percentage of issued class acquired (treasury financial instruments relating to shares shares of that class should not be taken into acquired account when calculating percentage) N/A N/A ------------------------------------------------------------------------------------------------------- 11. Number of shares, debentures or 12. Percentage of issued class disposed (treasury financial instruments relating to shares shares of that class should not be taken into disposed account when calculating percentage) N/A N/A -------------------------------------------------------------------------------------------------------- 13. Price per share or value of transaction 14. Date and place of transaction N/A N/A ------------------------------------------------------------------------------------------------------- 15. Total holding following notification and 16. Date issuer informed of transaction total percentage holding following notification (any treasury shares should N/A not be taken into account when calculating percentage) N/A ------------------------------------------------------------------------------------------------------- If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes ------------------------------------------------------------------------------------------------------- 17. Date of grant 18. Period during which or date on which exercisable: 6 JULY 2012 The options vest one third immediately, one third after one year and one third after two years. The options will expire on 5 July 2017. ------------------------------------------------------------------------------------------------------- 19. Total amount paid (if any) for grant of 20. Description of shares or debentures the option involved (class and number) Option to acquire 270,000 ordinary shares NIL under the Tethys Petroleum limited 2007 Long Term Stock Incentive Plan. ------------------------------------------------------------------------------------------------------- 21. Exercise price (if fixed at time of grant) 22. Total number of shares or debentures over or indication that price is to be fixed at which options held following notification the time of exercise 270,000 OPTIONS CAD 0.88 ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- 23. Any additional information 24. Name of contact and telephone number for queries N/A LIZ LANDLES TEL: 01481 725911 ------------------------------------------------------------------------------------------------------- Liz Landles Corporate Secretary Date of notification: 10/07/2012 Tethys Petroleum Limited

TETHYS PETROLEUM LIMITED TSX, LSE SYMBOL: TPL July 11, 2012
Tethys Petroleum Limited: Appointment of Tethys Vice Chairman to Uzbek-British Trade & Industry Council GRAND CAYMAN, CAYMAN ISLANDS--(Marketwire - July 11, 2012) - Tethys Petroleum Limited ("Tethys" or "the Company") (TSX:TPL)(LSE:TPL) is pleased to announce that its Vice Chairman, The Rt. Hon. Peter Lilley M.P., has been appointed as the Co-Chairman of the Uzbek-British Trade & Industry Council ("UBTIC"). UBTIC is a government-sponsored trade promotion body for bilateral economic co-operation. UBTIC comes under the umbrella of the British Government's overseas trade organisation, United Kingdom Trade & Investment (UKTI). UBTIC's other Co- Chairman is His Excellency Mr. Elyor Ganiev, Minister of Foreign Economic Relations, Investment and Trade of Uzbekistan. Mr. Lilley is a senior member of the British Parliament and the Vice-Chairman of the All Party Parliamentary Group on Central Asia. He was formerly the Secretary of State for Trade and Industry, the Secretary of State for Social Security, Shadow Chancellor and Deputy Leader of the Conservative Party. Dr. David Robson, Chairman, President and Chief Executive Officer of Tethys Petroleum, commented, "I am very pleased that Peter has been appointed to this position which is instrumental in developing commercial and business relations between Britain and Uzbekistan. The previous incumbent, Dr Hartley Booth, did an excellent job in this role and we at Tethys Petroleum, as one of the very active investors in Uzbekistan, are pleased to see UBTIC moving forward and developing further its important role." Tethys is focused on oil and gas exploration and production activities in Central Asia with activities currently in the Republics of Kazakhstan, Tajikistan and Uzbekistan. This highly prolific oil and gas area is rapidly developing and Tethys believes that significant potential exists in both exploration and in discovered deposits. FOR FURTHER INFORMATION PLEASE CONTACT: Tethys Petroleum Limited North America Sabin Rossi Vice President Investor Relations +1 416-941-1257 +1 416-947-0167 (FAX) OR Tethys Petroleum Limited Europe Veronica Zhuvaghena Vice President Corporate Communications +44 1481 725911 +44 1481 725922 (FAX) OR Corporate Brokers: FirstEnergy Hugh Sanderson / Derek Smith +44 207 448 0200 OR Seymour Pierce Richard Redmayne / Jonathan Wright / Stewart Dickson +44 207 107 8000 OR Asia Pacific: Quam IR Anita Wan Office phone/fax: +852 2217 2999 OR FTI Consulting Ben Brewerton / Edward Westropp +44 207 831 3113 OR Tethys Petroleum Limited info@tethyspetroleum.com Web: http://www.tethyspetroleum.com Mobile site: m.tethyspetroleum.com Tethys Petroleum Limited

Any views fromyou chartists out there?

Obviously not.

update today

TETHYS PETROLEUM LIMITED TSX, LSE SYMBOL: TPL
July 19, 2012
Tethys Petroleum Limited: Tajikistan Resource Upgrade 27.5 Billion BOE DUSHANBE, TAJIKISTAN--(Marketwire - July 19, 2012) -

Tethys Petroleum Limited ("Tethys" or "the Company") (TSX:TPL)(LSE:TPL) is pleased to announce that it has received an updated independent Resource Report for its Tajikistan assets.

These cover an area of approximately 35,000 sq. km and the estimated gross unrisked mean recoverable resources are 27.5 billion barrels of oil equivalent (BOE). Key Points: -- Gross unrisked mean recoverable prospective resources of 27.5 billion barrels of oil equivalent (BOE), consisting of: -- Gross unrisked mean recoverable prospective resources of 114 trillion cubic feet (TCF) of gas -- Gross unrisked mean recoverable prospective resources of 8.5 billion barrels (Bbbls) of oil and condensate -- Upgrade due to seismic data, gravity data acquisition and interpretation and well data The resource report was prepared by Gustavson Associates of the United States and has been prepared in accordance with the reporting requirements of NI 51-101 adopted by Canadian securities regulatory authorities. Continued drilling and seismic campaign The final stage of the seismic programme in Tajikistan will commence this summer with equipment having been mobilized and initial interpreted results expected in Q4 2012. Once complete, this interpreted seismic will help identify the location of the first deep well to be drilled by Tethys. The initial analysis of the data from the aerial graviometry survey completed at the end of 2011 revealed several attractive prospective areas with the potential presence of very large deep sub-salt and sub-thrust prospects within the Bokhtar Production Sharing Contract ("PSC") Area. The additional seismic about to be acquired will target these areas and provide the final data in a comprehensive programme to optimally locate a deep well. This final stage of the seismic programme will involve the acquisition of new seismic in two areas; the Vaksh valley and the Dushanbe Step. The programme has been designed to target these areas as the graviometry survey and other data have identified them to be the most likely to contain large deep prospects including potential Jurassic reefs located on the edge of likely Permian basement high features. Jurassic reefs form some of the most prolific fields in the Amu Darya basin (of which the Bokhtar PSC area forms part) and no wells have ever been drilled through the overlying salt layer in Tajikistan to date. This basin is extremely prolific containing oil, gas and condensate fields and indeed some of the world's largest gas fields are located in this basin. These data also reveal significant potential in other parts of the PSC Area, including the Kulob area, however it has been decided to focus on the Vaksh valley and the Dushanbe Step initially. It is expected that this new seismic programme will further confirm the high potential in the Tethys PSC acreage. Tethys now owns an 85% interest in the Bokhtar PSC following the recent acquisition of an additional 34% interest from its partner in the project. Background: Strategy in Tajikistan The primary strategy in Tajikistan is to complete a comprehensive geological and geophysical data gathering exercise with the intention of locating and drilling the first deep exploration well below the regional salt layer. This deep well will target very large prospective resources, as set out in the independent resource report. These prospects have never been drilled before in Tajikistan but are prolific producers from similar reservoirs in the adjacent countries including Turkmenistan. This programme is firmly on track and consists of the following: -- In 2008, Tethys obtained and analysed the State geophysical information and well data of the shallower drilling that had been undertaken in the Soviet period and compiled an extensive database, which was combined with a regional geological model built in-house. -- In 2009-10, Tethys designed and acquired a regional seismic programme whereby approximately 700km of good quality seismic was obtained and interpreted. -- In 2011, Tethys carried out an aeromagnetic graviometry survey over more than half of the PSC Area. These data complement the acquired seismic data, State geophysical information and well data. -- In 2012, following on from the results of the aeromagnetic graviometry survey, a seismic contractor has been appointed and equipment mobilized to commence acquisition of focused seismic data over key prospective areas with the intention of identifying the location for the first deep well. It is planned that Tethys' large ZJ70 drilling rig "Telesto" will be mobilized to Tajikistan by year's end with the intention of drilling the deep well in 2013. Tethys also continues to exploit the shallow potential in Tajikistan with oil production from Beshtentak, deepening of the Persea exploration well and plans for further evaluation of the East Olimtoi oil discovery. Dr David Robson, Chairman, President and Chief Executive Officer of Tethys, added: "This hugely significant increase in our estimated resources in Tajikistan transforms our prospective resource base. I believe that these unrisked mean prospective resources are significantly greater than the estimated remaining reserves and unrisked resources in the UK North Sea(1). Geological and geophysical work undertaken has shown that Tethys is operating in a world class basin with enormous and untapped potential." "The deep prospects being pursued in Tajikistan have 'super-giant' potential and any exploration success will be transformational for the Company. These additional seismic data will help to identify the location of the first deep, sub-salt well drilled in Tajikistan targeting extremely large prospective resources." The references in this press release to "prospective resources" means those quantities of petroleum estimated, as of June 30th 2012, to be potentially recoverable from undiscovered accumulations by application of future development projects. Prospective resources have both an associated chance of discovery and a chance of development. There is no certainty that any portion of these resources will be discovered. If discovered, there is no certainty that it will be commercially viable to produce any portion of these resources. The resources estimates contained or referred to are estimates only and are not meant to provide a determination as to the volume or value of hydrocarbons attributable to the Company's properties. There are numerous uncertainties inherent in estimating quantities of resources and cash flows that may be derived, including many factors that are beyond the control of the Company. The following is a non-exhaustive list of factors which may have a significant impact on the above estimates of prospective resources: despite the classification that they are as yet undiscovered but may be potentially recoverable the Company may be unable to carry out the development or their potential recovery; the activity may not be economically viable; the Company may not have sufficient capital or time to develop them; there may be no market or transportation routes for the production; legal, contractual, environmental and governmental concerns might not allow for the recovery being undertaken; reservoir characteristics might prevent recovery. The recovery of the resources is subject to the following risks and uncertainties: market fluctuations, the proximity and capacity of oil and gas pipelines and processing equipment, government regulation, political issues, export issues, competing suppliers, operational issues (exploration, production, pricing, marketing and transportation), extensive controls and regulations imposed by various levels of government, lack of capital or income, the ability to drill productive wells at acceptable costs, the uncertainty of drilling operations, factors such as delays, accidents, adverse weather conditions, and the availability of drilling rigs and the delivery of equipment. Additional information prescribed by NI 51-101 appears in a material change report to be filed, and which will be available, on www.sedar.com. Tethys is focused on oil and gas exploration and production activities in Central Asia with activities currently in the Republics of Kazakhstan, Tajikistan and Uzbekistan. This highly prolific oil and gas area is rapidly developing and Tethys believes that significant potential exists in both exploration and in discovered deposits. This press release contains "forward-looking information" which may include, but is not limited to, statements with respect to our operations, prospective resources and exploration targets. Such forward-looking statements reflect our current views with respect to future events and are subject to certain assumptions, including the fact that Tethys Petroleum will be successful in confirming the existence of the accumulations of petroleum in respect of its exploration targets, and subject to certain risks and uncertainties, including the risk that limited discoveries will result from exploration wells and as a result the risk that any or all of the prospective resources will not become recoverable, as further explained above in this press release. See our Annual Information Form for the year ended December 31, 2011 for a description of risks and uncertainties relevant to our business, including our exploration activities. The "forward looking statements" contained herein speak only as of the date of this press release and, unless required by applicable law, the Company undertakes no obligation to publicly update or revise such information, whether as a result of new information, future events or otherwise. A barrel of oil equivalent ("boe") conversion ratio of 6,000 cubic feet (169.9 cubic metres) of natural gas = 1 barrel of oil has been used and is based on the standard energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. The use of the word "Gross" means 100% of the PSC. (1) Economic Report 2012, the United Kingdom Offshore Oil and Gas Industry Association available online at www.oilandgasuk.co.uk FOR FURTHER INFORMATION PLEASE CONTACT: North America Tethys Petroleum Limited Sabin Rossi, Vice President Investor Relations Office: +1 416-941-1257 +1 416-947-0167 (FAX) OR Europe Tethys Petroleum Limited Veronica Zhuvaghena, Vice President Corporate Communications Office: +44 148 172 5911 +44 148 172 5922 (FAX) OR Corporate Brokers: FirstEnergy Hugh Sanderson / Derek Smith Office: +44 207 448 0200 OR Seymour Pierce Richard Redmayne / Jonathan Wright / Stewart Dickson Office: +44 207 107 8000 OR Asia Pacific: Quam IR Anita Wan Office phone/fax: +852 2217 2999 OR FTI Consulting Ben Brewerton / Edward Westropp Office: +44 207 831 3113 OR Tethys Petroleum Limited info@tethyspetroleum.com Web: www.tethyspetroleum.com Mobile site: m.tethyspetroleum.com Tethys Petroleum Limited

How high can it go by Xmas?

Ahoj - Who knows mate but it does seem to look good.

What a ride today. Closed at 42 yesterday, opened at 48, touched 60 and closed at 45.

Not that I know anything about charts but there seems to be cups, bowls, handles, flags with shoulders and heads and a couple of W's!! Sounds good but means nowt to me.

Would just be interested on a chartists view.

Happy with the long term prospects in that already producing and transporting the stuff and they will be ramping production up later this year. Plus all the other stuff posted above.

cant beleive sp so low on what they have discovered compared to rkh etc this definatly got to be a takeover target in time

Tethys Petroleum jumps 8 percent as Seymour Pierce initiates coverage of the Central Asia -focused oil & gas explorer and producer with a "buy" rating and a 72 pence target price.

"This highly prolific region continues to yield significant rewards, most recently illustrated through the company's upgrade in Tajikistan. With near term production also due to ramp up in Kazakhstan, we feel the current share price represents compelling value for investors," Seymour Pierce says in a note.

I can see a few other brokers putting.a buy on this share with price target £1.20 as good news starts to come out

PIM
FOR: TETHYS PETROLEUM LIMITED TSX, LSE SYMBOL: TPL August 15, 2012


Tethys Petroleum Limited: Second Quarter 2012 Financial Results Another Significant Period of Growth for the Business With Revenues Increased by 93% GRAND CAYMAN, CAYMAN ISLANDS--(Marketwire - Aug. 15, 2012) - Tethys Petroleum Limited ("Tethys" or "the Company") (TSX:TPL)(LSE:TPL) today announced its second quarter 2012 financial results. The results are underlined by a 93% increase in revenues over the second quarter of last year. The Company reports financial results in accordance with International Financial Reporting Standards ("IFRS"). RECENT FINANCIAL HIGHLIGHTS -- USD16 million loan facility secured -- Q2 2012 Total Revenue was USD10.2 million (Q2 2011 USD4.2 million) -- Q2 2012 average oil and gas production was 6,683 barrels of oil equivalent per day (Q2 2011: 5,681 barrels of oil equivalent per day) -- Q2 2012 average oil production from the Doris field in Kazakhstan was 2,927 barrels of oil per day (Q2 2011: 815 barrels of oil per day) RECENT OPERATIONAL HIGHLIGHTS AND UPDATE -- First shipment of commercial oil production through Aral Oil Terminal (the "AOT") in Kazakhstan -- Updated Kazakh independent Resource Report estimates the gross unrisked recoverable mean prospective oil resources to be 1.23 billion barrels of oil -- AKD07 well to spud early September 2012 -- Akkulka Exploration Contract extended in Kazakhstan -- Updated Tajik independent Resource Report estimates gross unrisked mean recoverable resources are 27.5 billion barrels of oil equivalent (boe) -- Awarded seismic contract in Tajikistan, work about to commence -- Signed Production Enhancement Contract ("PEC") for a new oil field, the Chegara Group of Fields ("Chegara"), in Uzbekistan Kazakhstan Production / development In the second quarter commercial oil sales commenced through the Aral Oil Terminal (the "AOT"), owned by Tethys and a 50% partner, which effectively halved the oil trucking distance and provides better control over the oil sales. Production was steadily increased over a period as each part of the sales chain was optimised. Moving into the third quarter production was temporarily disrupted in July due to an internal refinery issue that restricted rail cars availability within all of Kazakhstan. This issue has now been resolved and production has again reached approximately 4,000 bopd. AOT Phase 2 construction that will allow a throughput capacity of up to 6,000 bopd is progressing on schedule with 2 x 1000 m3 tanks (approximately 12,500 bbls) having already been installed and with work currently focussing on the installation of associated dehydration and pumping equipment. Phase 2 of the AOT is expected to be fully operational by October 2012. With the current well stock it is forecast that a production rate of between 4,500 and 5,000 bopd can be achieved on a continual basis. Higher rates can be achieved but it is believed that these rates are most optimal for this reservoir with the current wells. Appraisal / exploration The AKD07 appraisal/exploration well is located to the south-east of the original AKD01 (Doris) discovery well and will target 3P reserves at the Cretaceous Aptian sand level in what is believed to be a channel sand system, whilst simultaneously targeting an exciting exploration prospect (named "Dyna"), which has been identified on the recently acquired seismic data from a bright amplitude anomaly at a slightly shallower level, and is interpreted to be part of a different, larger sand fan system. This Dyna prospect has 128 million barrels gross mean unrisked recoverable prospective resources attributed to it (Gustavson Associates). It is also targeting a third horizon, a Jurassic sandstone. The well is expected to spud in the second week of September 2012 and is forecast to take approximately 55 days to drill to a depth of 2,540 meters using Tethys' own ZJ70 "Telesto" rig. It is then expected to take approximately one month to run logs, complete the well (assuming the logs are positive), receive State permissions and then test the well. The recently updated prospective resource report for Kazakhstan (Gustavson Associates) estimates gross unrisked recoverable mean prospective oil resources of 1.23 billion barrels of oil and this is the first well since that report to target this exciting exploration upside. Final signatures on the approval for the extension of the Akkulka Exploration Contract until March 10th 2015 have now been received from the Ministry of Oil and Gas (MOG) and this will allow the Company to further appraise Doris and Dione Discoveries as well as explore wider within the block in targets highlighted by the recent Kazakh Resource Report. Tajikistan The Tajik Resource Report, independently produced by Gustavson Associates, calculated a total gross mean unrisked recoverable prospective resource of 27.5 billion boe across the Bokhtar PSC. The Tajik seismic programme will commence in late August as most equipment is now in country and the contracted company "Prospectiuni" has completed the preliminary set-up and testing work. The programme, up to 870 km of 2D seismic acquisition, is designed to identify a drilling location for the first deep well expected to commence in 2013. The initial analysis of the data from the aerial graviometry survey completed at the end of 2011 revealed several attractive prospective areas with the potential presence of very large deep sub-salt and sub-thrust prospects within the Bokhtar Production Sharing Contract ("PSC") Area. The additional seismic about to be acquired will target these areas and provide the final data in a comprehensive programme to optimally locate a deep well. This final stage of the seismic programme will involve the acquisition of new seismic in two areas; the Vaksh Valley and the Dushanbe Step. The programme has been designed to target these areas as the graviometry survey and other data have identified them to be the most likely to contain large deep prospects including potential Jurassic reefs located on the edge of likely Permian basement high features. Jurassic reefs form some of the most prolific fields in the Amu Darya basin (of which the Bokhtar PSC area forms part) and no wells have ever been drilled through the overlying salt layer into that horizon in this region of Tajikistan to date. This basin is extremely prolific containing oil, gas and condensate fields and indeed some of the world's largest gas fields are located in this basin. These data also reveal significant potential in other parts of the PSC Area, including the Kulob area, however it has been decided to focus on the Vaksh Valley and the Dushanbe Step initially. It is expected that this new seismic programme will further confirm the high potential in the Tethys PSC acreage. Tethys now owns an 85% interest in the Bokhtar PSC following the recent acquisition of an additional 34% interest from its partner in the project. Tethys continues to hold discussions with numerous potential farminees with the aim of concluding an agreement by year-end. Further evaluation of the Beshtentak Field has been carried out in light of the initial success of the BST20 well. Three to four other candidates have been identified for workovers in different horizons and well preparation work is expected to commence at the end of August with initial results expected in late September. Uzbekistan Progress continues in Uzbekistan where Tethys recently announced Chegara Production Limited ("CPL"), its 100% owned subsidiary, signed a Production Enhancement Contract ("PEC") for a new oil field, the Chegara Group of Fields ("Chegara"). In addition Tethys signed a Memorandum of Understanding ("MOU"), which agrees a timetable for the potential signing of an Exploration Agreement a highly prospective Exploration block in the North Ustyurt Basin. The Chegara Group is an underdeveloped group of fields located 14 kilometers south-west of the existing Tethys asset of North Urtabulak, and contiguous to the prolific Urtabulak gas condensate Field, within the world-class Amu Darya Basin. The reservoirs comprise Upper Jurassic age carbonates at an approximate depth of 2,650 meters, trapped below a regionally prevalent salt and anhydrite seal. The oil is of moderate gravity and at present there are 3 producing wells all flowing naturally under reservoir pressure. This currently has limited existing oil production, and will form the baseline production under the new Chegara PEC with Uzbekneftegaz. Tethys believes there is substantial additional production potential in the field. Tethys has collected and interpreted a significant volume of historic seismic, drilling, geological and production data relating to the Chegara Group of fields, and plans to initially work over the existing well stock using technologies and techniques that have been successfully implemented to increase production on the North Urtabulak Field over the previous 12 years under a very similar contractual arrangement. Furthermore, it is intended that additional geophysical data will be acquired on the field to identify undrilled areas that provide high potential upside. Currently there are only State reserves assigned to the field and no figures yet under NI 51-101 reporting procedures. The contract will become effective following standard regulatory approvals, which include the issuance of a Presidential Decree and the completion of a Feasibility Study. The PEC has a term of twenty-five (25) years and under the new PEC CPL is allocated refined products for the crude oil it produces and sells these outside Uzbekistan. Furthermore Tethys has been granted exclusive rights to carry out operations with liquid hydrocarbons on Chegara. The MOU signed with NHC Uzbekneftegaz sets out a fixed timetable to potentially sign an Exploration Agreement for a large Exploration block in the North Usyturt basin in Uzbekistan. TPL submitted a proposal for an exploration program for the block in June 2012. Once approved by NHC Uzbekneftegaz and the Government of the Republic of Uzbekistan an Exploration Agreement will be negotiated. Gross production under the existing North Urtabulak PEC remains fairly constant at approximately 675 bopd. The full Q2 Results together with a Management Discussion & Analysis have been filed with the Canadian securities regulatory authorities. Copies of the filed documents may be obtained via SEDAR at www.sedar.com or on Tethys' website at www.tethyspetroleum.com. The summary financial statements are attached to this press release. The above highlights along with other operational and financial details will be further discussed in a scheduled conference call. Details of the conference call can be found below: Conference Call: A conference call will be held at 8:00 AM Eastern Standard Time 1:00 PM British Summer Time on Wednesday, August 15, 2012. The North American conference call number is 866.383.8008 and the outside North America conference call number is +1-617.597.5341. The conference call code to use is 72526728. Please call in about 10 minutes before the starting time in order to be patched into the call. Webcast: The call is being webcast and can be accessed at: http://phoenix.corporate-ir.net/phoenix.zhtml?p=irol-eventDetails&c=213714&eventID=4822812 Tethys is focused on oil and gas exploration and production activities in Central Asia with activities currently in the Republics of Kazakhstan, Tajikistan and Uzbekistan. This highly prolific oil and gas area is rapidly developing and Tethys believes that significant potential exists in both exploration and in discovered deposits. This press release contains "forward-looking information" which may include, but is not limited to, statements with respect to our operations. Such forward-looking statements reflect our current views with respect to future events and are subject to certain risks, uncertainties and assumptions. See our Annual Information Form for the year ended December 31, 2011 for a description of risks and uncertainties relevant to our business, including our exploration activities. A barrel of oil equivalent ("boe") conversion ratio of 6,000 cubic feet (169.9 cubic metres) of natural gas = 1 barrel of oil has been used and is based on the standard energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. Tethys Petroleum Limited Condensed Consolidated Statement of Financial Position (Unaudited) (in US Dollars) As at June 30, 2012 December 31, 2011 $'000 $'000 Non-current assets Property, plant and equipment 122,793 128,918 Intangible assets 101,567 99,959 Restricted cash 1,407 1,407 Prepayments and other receivables 10,404 10,217 Investment in jointly controlled entity 1,118 1,113 ---------------- ------------------ 237,289 241,614 ---------------- ------------------ Current assets Inventories 2,075 2,025 Trade and other receivables 7,130 5,478 Loan receivable from jointly controlled entity 2,213 2,013 Cash and cash equivalents 3,972 10,746 Restricted cash 474 885 Derivative financial instruments - interest rate swap - 630 ---------------- ------------------ 15,864 21,777 ---------------- ------------------ Total assets 253,153 263,391 ---------------- ------------------ ---------------- ------------------ Equity attributable to shareholders Share capital 28,671 28,669 Share premium 306,725 306,725 Other reserves 40,557 38,530 Accumulated deficit (156,521) (144,962) Non-controlling interest 8,759 8,918 ---------------- ------------------ Total equity 228,191 237,880 ---------------- ------------------ Non-current liabilities Financial liabilities - borrowings 2,595 1,632 Deferred taxation 2,472 2,111 Trade and other payables 452 547 Asset retirement obligations 233 386 ---------------- ------------------ 5,752 4,676 ---------------- ------------------ Current liabilities Financial liabilities - borrowings 9,661 8,396 Derivative financial instruments - warrants 540 264 Derivative financial instruments - foreign currency hedge - 157 Deferred revenue 1,395 1,839 Trade and other payables 7,404 10,179 Current tax 210 - ---------------- ------------------ 19,210 20,835 ---------------- ------------------ ---------------- ------------------ Total liabilities 24,962 25,511 ---------------- ------------------ Total shareholders' equity and liabilities 253,153 263,391 ---------------- ------------------ ---------------- ------------------ Tethys Petroleum Limited Condensed Consolidated Statement of Comprehensive Income (Unaudited) For the six months ended June 30, 2012 (in US Dollars) For the 3 months ended For the 6 months ended June 30, June 30, June 30, June 30, 2012 2011 2012 2011 $'000 $'000 $'000 $'000 Sales and other revenues 10,204 4,177 16,691 8,657 Other operating income - 5,706 - 5,706 ----------------------------------------------- Total revenue and other income 10,204 9,883 16,691 14,363 Production expenses (2,930) (1,773) (5,840) (3,525) Depreciation, depletion and amortisation (4,755) (3,215) (7,791) (5,827) Listing expenses - (327) - (333) Business development expenses (395) (1,208) (579) (1,229) Administrative expenses (5,771) (5,391) (10,757) (10,661) Share based payments (1,274) (864) (1,877) (2,057) Foreign exchange (loss) / gain - net (112) 16 (176) 216 Fair value gain / (loss) on derivative financial instrument 829 (315) (67) (323) Profit / (loss) from jointly controlled entity 163 (302) 101 (511) Net finance (costs) / income (398) 725 (852) 718 ----------------------------------------------- Loss before taxation (4,439) (2,771) (11,147) (9,169) Taxation (431) 75 (571) 178 ----------------------------------------------- Loss for the period (4,870) (2,696) (11,718) (8,991) ----------------------------------------------- ----------------------------------------------- Loss attributable to: Shareholders (4,811) (2,696) (11,559) (8,991) Non-controlling interest (59) (159) ----------------------------------------------- Loss for the period (4,870) (2,696) (11,718) (8,991) ----------------------------------------------- ----------------------------------------------- Loss per share attributable to shareholders Basic and diluted (0.02) (0.01) (0.04) (0.03) Tethys Petroleum Limited Condensed Consolidated Statement of Cash Flows (Unaudited) For the three and six months ended June 30, 2012 (in US dollars) For the 3 months ended For the 6 months ended June 30, June 30, June 30, June 30, 2012 2011 2012 2011 $'000 $'000 $'000 $'000 Cash flow from operating activities Loss before taxation for the period (4,439) (2,771) (11,147) (9,169) Adjustments for Share based payments 1,274 864 1,877 2,057 Net finance cost / (income) 398 (723) 852 (716) Depreciation, depletion and amortization 4,755 3,215 7,791 5,827 Loss on disposal of assets - 136 - 136 Fair value (gain) / loss on derivative financial instrument (829) 315 67 323 Net unrealised foreign exchange loss (47) 5 (12) 48 (Profit) / Loss from jointly controlled entity (163) 302 (101) 511 Deferred revenue 65 646 (444) (1,776) Other operating income - (5,706) - (5,706) Net change in non-cash working capital (425) 1,091 (1,987) 769 ----------------------------------------------- Net cash generated / (used) in operating activities 589 (2,626) (3,104) (7,696) ----------------------------------------------- Cash flow from investing activities Interest received (83) 44 5 76 Expenditure on exploration and evaluation assets (607) (4,423) (1,602) (6,289) Expenditures on property, plant and equipment (1,494) (10,411) (1,708) (19,397) Movement in restricted cash 150 (3,549) 411 (3,551) Investment in jointly controlled entity (2) - (5) - Payments made on behalf of jointly controlled entity - (4,486) - (7,364) Movement in advances to construction contractors (1,401) 1,710 (1,034) (117) Movement in value added tax receivable 790 (1,248) 847 (2,153) Net change in non-cash working capital (1,121) 406 (2,400) 354 ----------------------------------------------- Net cash used in investing activities (3,768) (21,957) (5,486) (38,441) ----------------------------------------------- Cash flow from financing activities Proceeds from issuance of short-term borrowings, net of issue costs 3,509 - 7,029 - Proceeds from issuance of long-term borrowings, net of issue costs - - 2,306 - Repayment of long-term borrowings (251) (90) (407) (176) Repayment of short-term borrowings - - (6,459) - Interest paid on borrowings (317) (97) (521) (197) Other non-current liabilities (68) (75) (142) (151) ----------------------------------------------- Net cash generated / (used) in financing activities 2,873 (262) 1,806 (524) ----------------------------------------------- Effects of exchange rate changes on cash and cash equivalents 98 (209) 10 (128) Net decrease in cash and cash equivalents (208) (25,054) (6,774) (46,789) Cash and cash equivalents at beginning of the period 4,180 57,400 10,746 79,135 ----------------------------------------------- Cash and cash equivalents at end of the period 3,972 32,346 3,972 32,346 ----------------------------------------------- FOR FURTHER INFORMATION PLEASE CONTACT: North America Tethys Petroleum Limited Sabin Rossi, Vice President Investor Relations Office: +1 416-941-1257 +1 416-947-0167 (FAX) OR Europe Tethys Petroleum Limited Veronica Zhuvaghena, Vice President Corporate Communications Office: +44 1481 725911 +44 1481 725922 (FAX) OR Corporate Brokers: FirstEnergy Hugh Sanderson / Derek Smith Office: + 44 207 448 0200 OR Seymour Pierce

Still looking like going nowhere

Yep - Goes up every morning then someone seems to be selling decent chunks in the afternoon. Been happening for a couple of weeks now.

But today is moving up with volume

It was such a waste of money.

maybe yours but not mine ........ " ahoj "

the motto is BUY low SELL high

and is going this way since I bought some on Wednesday

Yep Off course. I baught just under 60p over a month ago, fo rthe first time, based on recommendation, i think by sharemag!!

They say is ....... never buy the day of recomendation, just let it settle after a few days and then if you are still very interested ..... buy

Seems seller has cleared and a move upwards looking likely

FOR: TETHYS PETROLEUM LIMITED
TSX, LSE SYMBOL: TPL
September 10, 2012

Organisational Changes

GRAND CAYMAN, CAYMAN ISLANDS--(Marketwire - Sept. 10, 2012) - Tethys Petroleum Limited (TSX:TPL)(LSE:TPL) today announced that Dr. David Robson has been re-appointed as Executive Chairman and President of the Company with Julian Hammond remaining as Chief Executive Officer ("CEO").

The Company announced on 30th July 2012 that Dr. David Robson, previously Executive Chairman, President and Chief Executive Officer, was unable to continue in his roles due to health reasons, however, Tethys is delighted to announce that Dr. Robson has made an excellent recovery from his illness and is now resuming executive duties with the Company. At the time of Dr. Robson's illness, Julian Hammond was appointed Chief Executive Officer and President and the Rt. Hon Peter Lilley M.P. was appointed as Non Executive Chairman. Julian Hammond will continue in the role of Chief Executive Officer and Peter Lilley will resume his role as Vice Chairman and Senior Independent Non-Executive Director.


I hold

FOR: TETHYS PETROLEUM LIMITED
TSX, LSE SYMBOL: TPL
September 10, 2012

Tethys Petroleum Limited: Operations Update

GRAND CAYMAN, CAYMAN ISLANDS--(Marketwire - Sept. 10, 2012) - Tethys Petroleum Limited
("Tethys" or "the Company") (TSX:TPL) (LSE:TPL) today is pleased to announce the commencement of drilling operations at the AKD07 appraisal/exploration well in Kazakhstan, and the commencement of
further seismic acquisition in Tajikistan. The well is located to the south-east of the producing Doris field and is designed to target a potential downdip field extension at the Cretaceous Aptian sand level in what is believed to be a channel sand system (the "Doris" sand), whilst simultaneously targeting an exciting exploration prospect named "Dyna"), which has been identified on the 3D seismic data from a bright amplitude anomaly at a slightly shallower level, and is interpreted to be part of a separate, larger sand fan or sheet sand system. This Dyna prospect has 128 million barrels gross mean unrisked recoverable prospective resources attributed to it (Gustavson Associates). The well also has a deeper Jurassic level target as interpreted from the 3D seismic. The well is forecast to take approximately 55 days to drill to a planned total depth of 2,540 meters using Tethys' own ZJ70 "Telesto" rig. Following the drilling it is planned to run wireline logs, and, subject to the log results, conduct flow testing operations. The recently updated prospective resource report for Tethys' Kazakhstan assets (Gustavson Associates) estimates gross unrisked recoverable mean prospective oil resources of 1.23 billion barrels of oil and this is the first well since that report to target this exploration upside.

In Tajikistan, seismic data acquisition has now commenced as part of the new seismic programme. The initial analysis of the data from the aerial graviometry survey completed at the end of 2011 along with regional seismic and well data revealed several attractive prospective areas with the potential presence of very large deep sub-salt and sub-thrust prospects within the Bokhtar Production Sharing Contract ("PSC") Area. The additional seismic now being acquired will target the best of these areas and provide the final data in a comprehensive programme. The programme, up to 870 km of 2D seismic acquisition, is designed to identify a possible drilling location for the first deep well which the Company expects to commence drilling in 2013.

This stage of the seismic programme involves the acquisition of new seismic in two areas; the Vaksh Valley and the Dushanbe Step. The programme has been designed to target these areas as the data have identified them to be the most likely to contain large deep prospects including potential Jurassic reefs located on the edge of likely Permian basement high features. Jurassic reefs form some of the most prolific fields in the Amu Darya basin (of which the Bokhtar PSC, being in the Afghan Tajik basin, forms part) and no wells have ever been drilled through the overlying salt layer into that horizon in this region of Tajikistan to date. The area also has potential in Lower Cretaceous sandstones which form the reservoir in some super-giant fields in Turkmenistan and Uzbekistan. The Amu Darya basin is extremely prolific containing oil, gas and condensate fields and indeed some of the world's largest gas fields are located in this basin. These data also reveal significant potential in other parts of the PSC Area, including the Kulob area, however it has been decided to initially focus on the Vaksh Valley and the Dushanbe Step.

The recently updated prospective resource report for our Tajikistan assets (Gustavson Associates) estimates gross unrisked recoverable mean prospective resources of 27.5 billion barrels of oil equivalent (114TCF gas and 8.5 billion barrels of oil) within the Tethys PSC acreage which covers an area of 34,785 sq km. It is expected that this new seismic programme will further confirm the high potential in the Tethys Bokhtar PSC acreage in which Tethys owns an 85% interest. Tethys continues to hold discussions with a number of potential farminees with the aim of concluding an agreement by year-end. In addition, the planned workover programme on the Beshtentak Field has commenced with wellsite preparation of the first two candidate wells. Results are expected in Q4 2012.

Tethys is focused on oil and gas exploration and production activities in Central Asia with activities currently in Kazakhstan, Tajikistan and Uzbekistan. This highly prolific oil and gas area is rapidly developing and Tethys believes that significant potential exists in both exploration and in discovered deposits.

This press release contains "forward-looking information" which may include, but is not limited to, statements with respect to our operations. Such forward-looking statements reflect our current views with respect to future events and are subject to certain risks, uncertainties and assumptions. See our Annual Information Form for the year ended December 31, 2011 for a description of risks and uncertainties relevant to our business, including our exploration activities (which are incorporated herein by reference). The "forward looking statements" contained herein speak only as of the date of this press release and, unless required by applicable law, the Company undertakes no obligation to publicly update or revise such information, whether as a result of new information, future events or otherwise.

Maybe we are about to move!

I certainly hope so Riviera

Yvie,

Yep 7% yesterday afternoon and its starting to move again today. Nice amongst all the red!

I hold

something going on here. Another 10%+ today and nice volume. Nobody else on board?

me

Breaking out from previous intraday highs lately

Probably going up on commencement of new drilling started about 10 Sep.
in Khazakstan - AKD07
They say drilling may take about 55 days which takes us to about 5 Nov
so interest now generated in anticipation ??

Probably worth buying on any market set back up to that date ??

Riviera are you still in here? not a good day I stopped out this morning. Skipped 35 sell and sold at 32. gutted.

water ain't good.,.

Yvie, Stopped out also and I now live in a tent!!

INDEED BALERBOY WATER is definitely not good. haha Riviera. I am be joining you in that tent if my other investments go the same way as this one.
as always good luck

Have we had the bottom?

My options in Tethys Petroleum are not 'worth at least $400,000'

The Guardian, Monday 10 December 2012 21.00 GMT.
If only my options in Tethys Petroleum were "worth at least $400,000" as you report (MP Peter Lilley has received more than $400,000 in oil company share options, 20 November)! Unfortunately your reporter seems unaware that the higher the price of an option, the less it is worth. The option to buy 100,000 shares at $1 is worth nothing if the shares are worth only 57p.

In any case I do not understand your insinuation that my interest in Tethys Petroleum might influence how I perform my duties on the select committee monitoring the Department of Energy and Climate Change. Can you suggest any subject that the committee monitoring UK energy and climate policy has investigated, plans to investigate or might conceivably investigate that would in any way influence the profitability of a company whose operations are entirely in Central Asia?

By contrast you apparently do not consider that those who have interests in UK windfarms or environmental consultancies are in any way conflicted in helping formulate or scrutinise UK energy and climate policy. Nor do I, because I believe in their integrity: they will put the national interest before any personal financial interest – as would I if I had such a conflict, which I do not.
Peter Lilley MP
Conservative, Hitchin and Harpenden

I wonder how he aquired those options in the first place ?????
Were they a "free gift" some services that only Peter Lilley could provide ??
Is he a director in the Company - if so what is his expertise ??
Is he an Executive Director, providing Government information ??? Naughty !

Options are issued at the expense of ligitimate shareholders.
They should be banned by FSA etc and Peter Lilley deeply questioned.

Makes one wonder about Thethys.
Why were these options issued by them ???????
Can directors give away shares ( options ) to anyone ?
What is the point of shareholders funding a Company if this goes on ?

Directors should only get a salary, and that should be assessed by perhaps
an independent outside committee, not Executive Directors etc

It is at highest level over the last three months in Toronto TPL.TO.
Should move above 40p here to fill the Gap.

Hope your right ahoj.,.

Can anyone confirm that TPL has an ex div date of 30 jan and is paying 10.4p !!!
I just can't believe it and can't see anything on their website. Is there another TPL other than Tethys petrolium??

Where did you see that Bb ?

No other TPL

on the forward callendar 30th jan

TPL Dividend History & Description — Texas Pacific Land Trust. They are on the New York stock exchange.

TPL on the TSX has dividends N/A

so not tethys then....thought it too good to be true.,.

I asked ian to explain but no reply.,.

Not one I follow Bb, perhaps an investor in TPL can confirm. They look to be on the rise, good luck Bb . :-))

only small holding and as you say looks to be on a bit of a rise, so wait and see.,.

looking good today, something brewing me thinks.,.

looking even better today, good volume..... something cooking.,.

Balerboy - Been some large delayed trades going through over last couple of days. Volume has been good and I am with you in that something is going on. We shall see!!

Did you see this Bb,

Tethys Petroleum: City broker hails 'transformational' farm-out deal
Wed 10:59 am by Jamie AshcroftAn important phase of exploration aims to further advance the Bohktar project, which is currently estimated to host an eye-watering 27.5bln barrels of oil.

Tethys Petroleum’s (LON:TPL TSE:TPL) deal to bring in major new partners into the massive Bokhtar project in Tajikistan was a transformational event in the story of the company’s development, according to City broker Seymour Pierce.

Last month Tethys struck the deal with French major Total and state-backed Chinese firm CNPC (China National Petroleum Company). Now, each of the new partners will own a 33% stake in the project – and Tethys’s 85% owned subsidiary KPL will own the other 33%.

The deal secures funding for an important phase of exploration that aims to further advance the project, which is currently estimated to host an eye-watering 27.5bln barrels of oil.

As such it provides immediate validation of Tethys's considerable resource base in Tajikistan, Seymour Pierce analyst Sam Wahab said in a note.

And by committing the new partners to certain spending commitments the deal opens the door to a significant work programme.

Importantly, Tethys's participation in the programme is largely carried - with up to US$80mln being spent on the Canadian firm's behalf. As such, it is only required to pay 33% of its share of the costs of the upcoming programme and this is expected to amount to around US$9mln.

Additionally KPL is also due payments totalling US$60mln from the new partners in relation to certain back-costs, but Wahab believes the new partners bring more than just money to the party.

“We feel the combination of equity partners is highly complementary to Tethys’ progressive strategy in Tajikistan, with Total contributing extensive technical competencies and CNPC providing a route to market,” the analyst says.

Wahab expects the full details of the 2013-14 work programme will be finalised in the current quarter. Though he says this year’s work is likely to consist of seismic and desktop work, with deep exploration drilling starting next year.

Separately he expects Tethys to continue to make progress in Kazakhstan, with exploration and development drilling targeting a 1.3bln barrel recoverable resource base.

Seymour Pierce rates Tethys as a ‘buy’ with a 90p a share target.

90p will do very nicely thank you.,. thanks dc, hadn't seen it. makes good reading don't you think.,.

Does look good Bb . Pints all round when you make your fortune. lol

sooner have a good meal actually..... you up for that ;)

I have just had one,spare ribs and chips, simple but nice.

just closed 10% up in Canada - Monday could be interesting over here

thanks r1069, am feeling very happy with my purchase so far, had spare ribs yesterday in bbq sauce, very messy but bloody good ;)

up 6% so far this morning...... onward and upward.,.

I think it is consolidating at these levels before any rerating being announced.

It seems it has to move above 40p again. Short positions will be under pressure at those levels.

so will i be, as not sure how long it will stay there or is it on up and i get skinny's boot up the jacksy for selling too early........????

over 12% today, in good profit, must tell myself to be sensible.,.

Well done Bb, thats the graph you want to see. :-))

">

good volume still but knew i should have taken a few off at 40p hope for another good day tomorrow.,.

looks like we might end up around the 39p mark, 3 mins to go.,.

ticking up slow but sure, 38p atm

Balerboy, loads of presentations today and coming days so hopefully some more news out. Looking good though

TETHYS PETROLEUM LIMITED TSX, LSE SYMBOL: TPL
January 31, 2013

Tethys Doubles Gas Price in Kazakhstan ALMATY, KAZAKHSTAN--(Marketwire - Jan. 31, 2013) -

Tethys Petroleum Limited ("Tethys") (TSX:TPL)(LSE:TPL), the oil and gas exploration and production company focused on Central Asia, today announced that it has effectively doubled the net price of the gas which it is selling in Kazakhstan. -- New gas price after marketing and distribution costs USD65 (USD72.8 including VAT) per 1,000 cubic metres (previously USD32.5 including VAT for the Kyzyloi and Akkulka Fields) --

Current total production 430,000 cubic metres (15.2 million cubic feet or 2,530 barrels oil equivalent) per day -- Further production increases achievable through the tie-in of other already drilled wells, and targeting shallow gas prospective resources -- Net Proved + Probable gas reserves from the fields are 2.1 billion cubic metres (bcm) or 73.8 billion cubic feet (bcf) (Gustavson & Associates, December 31, 2011) -- Net mean unrisked prospective gas resources of 18 billion cubic metres (bcm) 634 billion cubic feet (bcf) (Gustavson & Associates, April 30, 2012) -- New Kazakhstan-China gas trunkline under construction (passes through Tethys' contract areas) should provide further upside upon completion in addition to the existing pipeline through which Tethys currently sells its gas. Two gas supply contracts have been signed by Tethys' wholly owned Kazakh subsidiary, TethysAralGas LLP, with Intergas Central Asia JSC, a wholly owned subsidiary of the Kazakh State company KazTransGas JSC, for the Kyzyloi and Akkulka natural gas fields. The contract is for annual volumes up to 150 million cubic meters at an increased net price of USD65 per 1,000 cubic metres (USD 1.84 per 1,000 cubic feet) of gas (USD72.8 per 1,000 cubic metres or USD2.06 per 1,000 cubic feet including VAT) net of marketing and distribution costs, and runs through to December 31, 2013. A number of additional shallow gas prospects and leads have been identified based on seismic data as well as deeper potential. It is forecast that production can be significantly increased through the tie-in of already drilled wells that have not been produced to date, and through exploring for more gas. Of the last 13 shallow exploration wells drilled by Tethys in the Akkulka Block, 11 tested commercial gas. Tethys then suspended any further investment into gas development pending the realisation of a higher gas price which it has now achieved. Tethys is focused on oil and gas exploration and production activities in Central Asia with activities currently in the Republics of Kazakhstan, Tajikistan and Uzbekistan. This highly prolific oil and gas area is rapidly developing and Tethys believes that significant potential exists in both exploration and in discovered deposits. The references in this press release to "prospective resources" means those quantities of petroleum estimated, as of April 30th 2012, to be potentially recoverable from undiscovered accumulations by application of future development projects. Prospective resources have both an associated chance of discovery and a chance of development. There is no certainty that any portion of these resources will be discovered. If discovered, there is no certainty that it will be commercially viable to produce any portion of these resources. The resources estimates contained or referred to are estimates only and are not meant to provide a determination as to the volume or value of hydrocarbons attributable to the Company's properties. There are numerous uncertainties inherent in estimating quantities of resources and cash flows that may be derived, including many factors that are beyond the control of the Company. The following is a non-exhaustive list of factors which may have a significant impact on the above estimates of prospective resources: despite the classification that they are as yet undiscovered but may be potentially recoverable the Company may be unable to carry out the development or their potential recovery; the activity may not be economically viable; the Company may not have sufficient capital or time to develop them; there may be no market or transportation routes for the production; legal, contractual, environmental and governmental concerns might not allow for the recovery being undertaken; reservoir characteristics might prevent recovery. The recovery of the resources is subject to the following risks and uncertainties: market fluctuations, the proximity and capacity of oil and gas pipelines and processing equipment, government regulation, political issues, export issues, competing suppliers, operational issues (exploration, production, pricing, marketing and transportation), extensive controls and regulations imposed by various levels of government, lack of capital or income, the ability to drill productive wells at acceptable costs, the uncertainty of drilling operations, factors such as delays, accidents, adverse weather conditions, and the availability of drilling rigs and the delivery of equipment. Additional information prescribed by NI 51-101 appears in a material change report to be filed, and which will be available, on www.sedar.com. This press release contains "forward-looking information" which may include, but is not limited to, statements with respect to the completion our operations, prospective resources and exploration targets. Such forward-looking statements reflect our current views with respect to future events and are subject to certain assumptions. See our Annual Information Form for the year ended December 31, 2011 for a description of risks and uncertainties relevant to our business, including our exploration activities. The "forward looking statements" contained herein speak only as of the date of this press release and, unless required by applicable law, the Company undertakes no obligation to publicly update or revise such information, whether as a result of new information, future events or otherwise. A barrel of oil equivalent ("boe") conversion ratio of 6,000 cubic feet (169.9 cubic metres) of natural gas = 1 barrel of oil has been used and is based on the standard energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. The use of the phrase "Net" in relation to reserves indicates net to the Company's interest after deduction of the Mineral Extraction Tax (MET). FOR FURTHER INFORMATION PLEASE CONTACT: North America Tethys Petroleum Limited Sabin Rossi - All Investor Queries Vice President Investor Relations +1 416-947-0167 (FAX) +1 416-941-1257 OR Europe Tethys Petroleum Limited Veronica Seymour - All Media Queries Vice President Corporate Communications +44 1481 725922 (FAX) +44 1481 725911 OR Corporate Brokers: FirstEnergy Capital LLP. Hugh Sanderson / David Van Erp + 44 207 448 0200 OR Seymour Pierce Richard Redmayne / Jonathan Wright / Stewart Dickson +44 207 107 8000 OR Asia Pacific: Quam IR Anita Wan Office phone/fax: +852 2217 2999 OR FTI Consulting - London Ben Brewerton / Edward Westropp Office: +44 207 831 3113 OR Tethys Petroleum Limited info@tethyspetroleum.com Web: http://www.tethyspetroleum.com Mobile site: http://m.tethyspetroleum.com Tethys Petroleum Limited

Wow. This should be great for the company

You won't pay stamp duty when buying TPL. so only trading cost to pay.

Still ticking up nicely. Looks as though its breaking the 200 ma

OH Yes..... keep ticking up.,.

Closed 19% up in Canada this evening so hoping for a nice opening in 9 hours over here!

dropping back from 9% start but by end of day who knows.... Good start.,.

Broken through the 50p barrier...... where to now.,.

Balerboy. I sold yesterday at 48p which I was happy with. Would have liked 51p today but hey ho. Good luck and I will revisit if any pullback.
Riv

Think it held up well today, have not sold as there may be news on it's way imo.,.

">

Good tick up again today, well in the money now..... yyyeeeehhhhaaaa.,.

Well done Balerboy. Looking to get back in again myself but looking for sub 45.

possibly come out too soon, on the rise again.

Well missed the sub 45 but got back in. Up to mid 50s now and looking good

FOR: TETHYS PETROLEUM LIMITED

TSX, LSE SYMBOL: TPL

February 28, 2013

Tethys Petroleum Limited: Kul-Bas Contract Extension

ASTANA, KAZAKHSTAN--(Marketwire - Feb. 28, 2013) - Tethys Petroleum Limited ("Tethys" or the "Company")
(TSX:TPL)(LSE:TPL) today announced that the Ministry of Oil and Gas of the Republic of Kazakhstan ("MOG") has
agreed to extend the Exploration Period for the Company's Kul-Bas Exploration and Production Contract (the
"Contract") by a further two years until November 11, 2015.

The Kul-Bas contract area (which currently covers an area of 7,632 km2 (1.9 million acres)) surrounds the
Akkulka contract area which contains the Company's producing oil and gas fields. This extension gives Tethys
further time to explore this attractive area which has several prospects and leads and with a proved commercial
oil and gas system in the Akkulka block. In addition the Kul-Bas block contains the KBD01 (Kalypso) well which
is awaiting testing later this year after having encountered several intervals with hydrocarbon indications.

This extension is subject to registration of a suitable addition to the Contract.

Tethys is focused on oil and gas exploration and production activities in Central Asia with activities
currently in the Republics of Kazakhstan, Tajikistan and Uzbekistan. This highly prolific oil and gas area is
rapidly developing and Tethys believes that significant potential exists in both exploration and in discovered
deposits.

This press release contains "forward-looking information" which may include, but is not limited to, statements
with respect to our operations. Such forward-looking statements reflect our current views with respect to
future events and are subject to certain risks, uncertainties and assumptions. See our Annual Information Form
for the year ended December 31, 2011 for a description of risks and uncertainties relevant to our business,
including our exploration activities.

-30-

FOR FURTHER INFORMATION PLEASE CONTACT:

North America
Tethys Petroleum Limited
Sabin Rossi - All Investor Queries
Vice President Investor Relations
+1 416-941-1257
+1 416-947-0167 (FAX)

Tethys Petroleum FY pretax loss narrows to $19.9m

StockMarketWire.com

Tethys Petroleum narrowed its full-year pretax loss to $19.9 million, from a loss of $28.9 million.

Total revenue and other income was $38.1 million, from $30.3 million.

"The financials are highlighted by a 66% increase in annual oil and gas revenue," Tethys said in a statement.

Oil production (before the deduction of local governments' share or taxation) rose from 2,148 bopd (2011) to 3,371 bopd (2012), a hike of 57% and has increased over the year to reach a rate of 4,381 bopd in Q4.

Similarly boe production has increased to 6,313 boepd in 2012 compared to 5,656 boepd in 2011.

At 8:07am: (LON:TPL) share price was -0.5p at 51.75p


Story provided by StockMarketWire.com

Sign off maybe today?

Tethys Petroleum Limited: Tajik Farm-out Deal Completed

Date : 18/06/2013 @ 11:44
Source : Marketwired Canada
Stock : Tethys (TPL)
Quote : 55.5 -0.875 (-1.55%) @ 16:29


HOME » LSE » LSE » Tethys share price






Tethys Petroleum Limited: Tajik Farm-out Deal Completed

Tethys Petroleum Limited ("Tethys" or "the Company") (TSX:TPL)(LSE:TPL)
announces the completion of the farm-out agreement announced in December 2012
with subsidiaries of Total Exploration and Production ("Total") and China
National Petroleum Corporation ("CNPC") whereby each acquired a one third
interest in its Bokhtar Production Sharing Contract (the "Bokhtar PSC") in
Tajikistan.


The Bokhtar PSC covers an area of some 35,000 km2 and contains some 27.5 billion
barrels oil equivalent of gross unrisked mean recoverable prospective resources
(according to independent figures).


As part of the acquisition, the Tajik Government has also now added a further
1186.37 km2 of highly prospective acreage which was not previously included in
the Bokhtar PSC, and has also extended the first relinquishment period under the
PSC by five years until 2020.


Today's signing ceremony in Dushanbe, Tajikistan, was attended by Mr. Gul
Sherali, the Minister of Energy and Industry of Tajikistan, Mr. Bo Qiliang,
President of CNODC, Mr. Michael Borrell, Senior Vice President Continental
Europe and Central Asia of Total and Dr. David Robson, Executive Chairman and
President of Tethys Petroleum Limited.


Completion of the deal will enable the consortium to progress exploration plans
within the Bokhtar PSC with further seismic acquisition and the drilling of deep
exploration wells to evaluate the potential super giant deposits which are
thought to be present in the area. This area is an extension of the highly
prolific Amu Darya Basin, which contains some of the world's largest gas and
condensate fields.


The PSC is now held equally by the three partners who own approximately one
third of the project each. An operating company, the Bokhtar Operating Company,
has been established and is jointly owned by the three partners.


Tethys' subsidiary Kulob Petroleum Limited ("KPL") which holds the Company's
interest in the Bokhtar PSC receives some US$63 million relating to its past
costs. It also has a part carry on an US$80 million initial work programme
whereby KPL contributes only US$9 million towards this programme. Full details
of the 2013 - 2014 work programme will be announced shortly.


Dr David Robson, Executive Chairman and President of Tethys, said:

"We believe the Bokhtar PSC is a world class asset with enormous potential. The
strengths brought to this project by our new partners, Total and CNPC, means we
are in a position to rapidly explore and develop this potential using all
available techniques and technologies and with the financial strength to
maximise success."


Michael Borrell, Senior Vice President, Continental Europe Central Asia, Total
Exploration & Production said:


"This acquisition is aligned with our bolder exploration strategy and positions
Total in one of the world's most prolific gas basins. The partnership between
Total, CNPC and Tethys is particularly well equipped to conduct successful
exploration and potentially develop a value-creating project."


Total S.A.

Total is one of the largest integrated oil and gas companies in the world, with
activities in more than 130 countries. The Group is also a first rank player in
chemicals. Its 97,000 employees put their expertise to work in every part of the
industry - exploration and production of oil and natural gas, refining and
marketing, new energies, trading, and chemicals. Total is working to help
satisfy the global demand for energy, both today and tomorrow. www.total.com


CNPC

CNPC is China's largest oil and gas producer and supplier, as well as one of the
world's major oilfield service providers and a global contractor in engineering
construction. CNPC also owns and operates the Central Asia-China Gas Pipeline.
The pipeline starts at Gedaim on the border of Turkmenistan and Uzbekistan, runs
through central Uzbekistan and southern Kazakhstan, and ends at Horgos in
China's Xinjiang Uygur Autonomous Region, where it interconnects to CNPC's
Second China West-East Gas Pipeline. CNPC is also the parent company of
PetroChina listed on the New York Stock Exchange and the Hong Kong Stock
Exchange.


An Independent Resource Report of the Bokhtar PSC (dated June 30, 2012),
prepared by Gustavson Associates in accordance with Canadian National Instrument
51-101, estimates Gross unrisked mean recoverable prospective resources of 27.5
billion barrels of oil equivalent, consisting of 114 trillion cubic feet (3.22
trillion cubic metres) of gas and 8.5 billion barrels of oil.


Tethys is focused on oil and gas exploration and production activities in
Central Asia with activities currently in the Republics of Kazakhstan,
Tajikistan and Uzbekistan. This highly prolific oil and gas area is rapidly
developing and Tethys believes that significant potential exists in both
exploration and in discovered deposits.


The references in this press release to "prospective resources" means those
quantities of petroleum estimated, as of June 30, 2012, to be potentially
recoverable from undiscovered accumulations by application of future development
projects. Prospective resources have both an associated chance of discovery and
a chance of development. There is no certainty that any portion of these
resources will be discovered. If discovered, there is no certainty that it will
be commercially viable to produce any portion of these resources. The use of the
word "Gross" means 100% of the PSC.


The resources estimates contained or referred to are estimates only and are not
meant to provide a determination as to the volume or value of hydrocarbons
attributable to the Company's properties. There are numerous uncertainties
inherent in estimating quantities of resources and cash flows that may be
derived, including many factors that are beyond the control of the Company. The
following is a non-exhaustive list of factors which may have a significant
impact on the above estimates of prospective resources: despite the
classification that they are as yet undiscovered but may be potentially
recoverable the Company may be unable to carry out the development or their
potential recovery; the activity may not be economically viable; the Company may
not have sufficient capital or time to develop them; there may be no market or
transportation routes for the production; legal, contractual, environmental and
governmental concerns might not allow for the recovery being undertaken;
reservoir characteristics might prevent recovery. The recovery of the resources
is subject to the following risks and uncertainties: market fluctuations, the
proximity and capacity of oil and gas pipelines and processing equipment,
government regulation, political issues, export issues, competing suppliers,
operational issues (exploration, production, pricing, marketing and
transportation), extensive controls and regulations imposed by various levels of
government, lack of capital or income, the ability to drill productive wells at
acceptable costs, the uncertainty of drilling operations, factors such as
delays, accidents, adverse weather conditions, and the availability of drilling
rigs and the delivery of equipment.

This press release contains "forward-looking information". Such forward-looking
statements reflect our current views with respect to future events and are
subject to certain assumptions. See our Annual Information Form for the year
ended December 31, 2012 for a description of risks and uncertainties relevant to
our business, including our exploration activities. The "forward looking
statements" contained herein speak only as of the date of this press release
and, unless required by applicable law, the Company undertakes no obligation to
publicly update or revise such information, whether as a result of new
information, future events or otherwise. A barrel of oil equivalent ("boe")
conversion ratio of 6,000 cubic feet (169.9 cubic metres) of natural gas = 1
barrel of oil has been used and is based on the standard energy equivalency
conversion method primarily applicable at the burner tip and does not represent
a value equivalency at the wellhead.

FOR FURTHER INFORMATION PLEASE CONTACT:
North America & Europe
Tethys Petroleum Limited
Sabin Rossi
Vice President Investor Relations
srossi@tethyspetroleum.com

Asia Pacific:
Tethys Petroleum Limited
Chris Justice
Communications Manager - Asia
cjustice@tethyspetroleum.com

FTI Consulting - London
Ben Brewerton / Natalia Erikssen
+44 207 831 3113

Tethys Petroleum Limited
info@tethyspetroleum.com
http://www.tethyspetroleum.com
Mobile site: m.tethyspetroleum.com

why the fall? surprised!

Work Programme announced this morning also. See rns at 7am

Ahoj, surprised also but I envisage a steady climb up now. Much better position than this time last year when it was 60p.

Maybe the 10% ers are taking their profits so we nudge on from here

Chegara presidential decree a boost for Tethys Petroleum

Drilling commenced on one well Friday targeting 22m barrels of oil.
Another well to start drilling October targeting 14m barrels of oil.
Drilling time between 45-70 days.
TPL should see a good rise up to drilling results. Nice buy area at the 40p ish level.

TETHYS PETROLEUM LIMITED TSX, LSE SYMBOL: TPL October 18, 2013 Tethys Petroleum Limited: Kazakhstan Operations Update BOZOI, KAZAKHSTAN--(Marketwired - Oct. 18, 2013) -

Tethys Petroleum Limited ("Tethys" or "the Company") (TSX:TPL)(LSE:TPL), the E&P Company focused on Central Asia and the Caspian Region, provided an update on operations in Kazakhstan. AKD08 ("Doto") Well The AKD08 ("Doto") well has reached a depth of 1,368 metres and electric logs have been run in the hole. The 13 3/8th casing is being run and once cemented drilling will recommence in the 12 1/4" hole section.
The Doto well is expected to take approximately 70 days in total to drill to a planned total depth of 3,500 metres using Tethys' own ZJ70 "Telesto" rig. The well is located to the south-west of the Company's producing Doris field and north of its Dione oil discovery in Kazakhstan. The well is designed to target several potential zones, including the Lower Cretaceous sandstone and Upper Jurassic carbonate sequences as proven in Doris, and also the deeper Triassic sequence. Whilst drilling in the shallower levels at approximately 600 metres, high levels of gas were encountered and these shows together with the logs indicate a potential gas discovery at the Tasaran stratigraphic level as previously demonstrated to be commercial on test in the nearby AKK14 and AKK15 wells. It is expected that a gas appraisal well could now be incorporated into the forward shallow gas drilling program to test this accumulation.

AKD09 ("Dexa") The AKD09 ("Dexa") exploration well is planned to spud on October 26th, 2013. The well is located to the North- West of the producing Doris field and is designed to target Lower Cretaceous channel sandstone sequences similar to the current major producing unit in the Doris field. It is forecast to take approximately 45 - 50 days to drill to a planned total depth of 2,400 metres. KBD01 ("Kalypso") The KBD01 (Kalypso) comprehensive testing programme initially on the Permo-Carboniferous interval will commence in early December. Currently the well is undergoing operations to conduct a cement job over the 7" liner section prior to the main testing programme. The testing programme will involve initial perforation and potentially acidisation followed by fracture stimulation of the carbonate interval approximately 4,100 meters below the surface and will take up to one month to complete. Electric logs run over this section indicated more than 100 metres of gross potential hydrocarbon bearing zones in what are interpreted to be shelf limestones with hydrocarbon shows also being noted whilst drilling. Shallow Gas Drilling Program The shallow gas exploration program is expected to commence in early November and the wells are expected to be drilled consecutively on a number of additional prospects and leads which have been identified based on seismic data. These are relatively low risk targets and of the last 13 shallow exploration wells previously drilled by Tethys in the Akkulka Block, 11 tested commercial gas. The planned gas exploration wells are typically 600-800 meters measured depth and will take up to three weeks each to drill. Currently these are located mainly in the central and south-eastern part of the Akkulka Exploration Contract and relatively close to existing gas infrastructure and the Akkulka Production Contract area. Seismic
The latest 3D seismic program on the Akkulka Block is over 78% complete with a planned 100 square kilometres of 3D data being acquired over further prospects identified north west of the producing Doris wells and with similar Cretaceous reservoirs predicted. Furthermore an additional 35 kilometres of 2D data has been acquired and recently processed within the Akkulka block, but targeting additional areas of interest in and around the shallow producing Kyzyloi gas field. This is in addition to the 200 kilometres of 2D seismic data also recently acquired and processed over the wider KulBas exploration area. Aral Oil Terminal Following the successful approval of Phase 2b of the Aral Oil Terminal ("AOT") earlier in the year Phase 3 expansion is expected to be approved some time in November.
Under Phase 3 an electrical dehydrator has now been installed and is operationally ready which will significantly improve the quality of oil. It is expected to realise a higher oil price once this equipment is applied in the oil preparation process. Oil Production As previously announced due to a programme involving the installation and optomisation of artificial lift equipment and improvements in fluid handling, oil production levels have been temporarily reduced, and currently the field is producing some 2,250 barrels of oil per day. Mechanical issues relating to the effective installation and operation of the downhole pumps have delayed completion of this programme, however it is expected these issues will be resolved within the next ten days whereupon it is planned to resume production of approximately 3,500 barrels of oil per day.
The workover and additional testing operations on the AKD03 in the Dione oil field well planned for Q1 2014 are expected to add some 500 bopd subject to test results.

The AKD03 well discovered oil in a Jurassic sandstone that is estimated to have approximately 4.25 million barrels of 2P reserves (Gustavson & Associates December 31, 2012) and current expected production of 3,500 bopd does not include any production from this oil field. The 2P reserves (defined as Proved (Developed Non Producing and Undeveloped) and Probable) attributed to the AKD03 well are included in the oil and natural gas reserves data for our Kazakhstan properties set out in our Annual Information Form for the year ended December 31, 2012 available on sedar.com.
A barrel of oil equivalent ("boe") conversion ratio of 6,000 cubic feet (169.9 cubic metres) of natural gas = 1 barrel of oil has been used and is based on the standard energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead.

This press release contains "forward-looking information" which include statements related to the expected drilling period of the exploration wells and expected production levels. Such forward-looking statements reflect our current views with respect to future events and are subject to certain assumptions, including the assumption that the 70-day period (AKD08), 45-50 day period (AKD09) and three week period (shallow gas exploration wells) will be sufficient for drilling the exploration wells to depth and that oil production from our Kazakhstan operations will reach 4,000 bopd in Q1 2014. These forward looking statements are subject to risks and uncertainties, including the risk that the drilling period for the exploration wells will extend beyond the expected periods and that production will not reach 4,000 bopd in Q1 2014 or thereafter because of operational and geological factors. See our Annual Information Form for the year ended December 31, 2012 for a description of risks and uncertainties relevant to our business, including our exploration activities. The "forward looking statements" contained herein speak only as of the date of this press release and, unless required by applicable law, the Company undertakes no obligation to publicly update or revise such information, whether as a result of new information, future events or otherwise. FOR FURTHER INFORMATION PLEASE CONTACT: Tethys Investor Relations Sabin Rossi Vice President Investor Relations Tethys Petroleum Limited srossi@tethyspetroleum.com OR Media / IR Enquiries London FTI Consulting Ben Brewerton / Natalia Erikssen +44 207 831 3113 OR Asia Pacific Quam IR Anita Wan Office phone/fax: +852 2217 2999 OR Tethys Petroleum Limited info@tethyspetroleum.com Web: http://www.tethyspetroleum.com Mobile site: m.tethyspetroleum.com Tethys Petroleum Limited

WATCH: David Robson, Chairman and President of Tethys Petroleum, presents at the 64th Oilbarrel Conference

Click here to watch

The start of TPL making a come back from this very low base? Seriously in need of the Chinese money getting paid into TPL coffers and the new gas wells coming into production, given their high admin costs.

With Oil price rising, TPL has great potential and should recover fast.

They were achieving $13 a barrel in January!

They've loans at 8% coupon.

They're in a battle to survive like many in the sector.

Hopefully they've got themselves in survival mode.

A bit of life recently!

Tethys Petroleum Limited Press Release: 2015 Q1 Results