Thought I would start a thread on this company.

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



Any holders or views on here?

I hold

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.,.