Tethys Petroleum

Latest Tethys Petroleum News

• New 25-year Production Enhancement Contract on oil field.
• Significant upside in undrilled areas - additional geophysical data to be acquired.

• Mean unrisked recoverable prospective resources of 1.17 billion barrels (Bbbls) of oil.
• Upgrade due to additional 2D and 3D seismic acquisition and interpretation as well as drilling data.

• Two year extension to comprehensively appraise Doris commercial oil discovery and enable further high impact exploration on the Akkulka

• Tethys announced the issue of a tender for the final stage seismic program in Tajikistan which when complete will identify the location for the first deep pre-salt well to be drilled by Tethys.
• Tethys also updated on its deep exploration strategy in Tajikistan.

• Tethys Petroleum Limited announce it has signed a Memorandum of Understanding ("MOU") with the Uzbek State oil and gas company, National Holding Company "Uzbekneftegaz" ("UNG").

• Tethys Petroleum Limited today provided an update on its activities in Tajikistan and also gave a brief update on oil transportation in Kazakhstan.

• To date December oil production loaded to trucks has averaged 1,860 barrels of oil per day.
• At that time production and sales are anticipated to double to approximately 4,000 bopd.

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