riviera1069
- 01 May 2012 18:43
Thought I would start a thread on this company.
http://www.tethyspetroleum.com/tethys/index.action
Any holders or views on here?
I hold
riviera1069
- 05 Feb 2013 14:47
- 84 of 109
Still ticking up nicely. Looks as though its breaking the 200 ma
Balerboy
- 05 Feb 2013 21:45
- 85 of 109
OH Yes..... keep ticking up.,.
riviera1069
- 05 Feb 2013 23:06
- 86 of 109
Closed 19% up in Canada this evening so hoping for a nice opening in 9 hours over here!
Balerboy
- 06 Feb 2013 08:12
- 87 of 109
dropping back from 9% start but by end of day who knows.... Good start.,.
Balerboy
- 07 Feb 2013 09:12
- 88 of 109
Broken through the 50p barrier...... where to now.,.
riviera1069
- 07 Feb 2013 15:09
- 89 of 109
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
Balerboy
- 07 Feb 2013 22:14
- 90 of 109
Think it held up well today, have not sold as there may be news on it's way imo.,.
Balerboy
- 07 Feb 2013 22:17
- 91 of 109
Balerboy
- 08 Feb 2013 13:16
- 92 of 109
Good tick up again today, well in the money now..... yyyeeeehhhhaaaa.,.
riviera1069
- 08 Feb 2013 20:49
- 93 of 109
Well done Balerboy. Looking to get back in again myself but looking for sub 45.
Balerboy
- 12 Feb 2013 11:19
- 94 of 109
possibly come out too soon, on the rise again.
riviera1069
- 26 Feb 2013 19:14
- 95 of 109
Well missed the sub 45 but got back in. Up to mid 50s now and looking good
riviera1069
- 28 Feb 2013 15:48
- 96 of 109
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)
riviera1069
- 02 Apr 2013 11:16
- 97 of 109
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
riviera1069
- 18 Jun 2013 08:43
- 98 of 109
Sign off maybe today?
riviera1069
- 18 Jun 2013 18:21
- 99 of 109
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
ahoj
- 19 Jun 2013 03:18
- 100 of 109
why the fall? surprised!
riviera1069
- 19 Jun 2013 08:27
- 101 of 109
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
boonboon
- 10 Sep 2013 09:33
- 102 of 109
docmat
- 14 Sep 2013 14:25
- 103 of 109
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.