Tethys Petroleum Press Release: Corporate Update
Grand Cayman, Cayman Islands--(Newsfile Corp. - February 14, 2023) - Tethys Petroleum Limited (TSXV: TPL) ("Tethys" or the "Company") is providing an update on the claim made by the Prosecutor's Office of the Aktobe region or the Republic of Kazakhstan ("the Republic").Tethys wishes to announce that a court hearing regarding the Kul-Bas license took place in Astana yesterday. Judge Nurlanov asked for additional information from the prosecutor and from each of the co-defendants but did not...
2023-02-14 5:28 PM EST
Tethys Petroleum Press Release: Corporate Update
Grand Cayman, Cayman Islands--(Newsfile Corp. - February 9, 2023) - Tethys Petroleum Limited (TSXV: TPL) ("Tethys" or the "Company") is providing a notification of a claim made by the Prosecutor's Office of the Aktobe region or the Republic of Kazakhstan ("the Republic").Tethys announces that the Prosecutor's Office of the Aktobe region in the Republic has initiated a claim against Kul-Bas LLP, a Tethys' subsidiary registered in the Republic to cancel the subsurface rights for the Klymene oil...
2023-02-09 5:58 PM EST
Tethys Petroleum Press Release: Normal Course Issuer Bid
Grand Cayman, Cayman Islands--(Newsfile Corp. - February 7, 2023) - Tethys Petroleum Limited (TSXV: TPL) ("Tethys" or the "Company") is pleased to provide a corporate update.Normal Course Issuer BidThe Company has purchased 1,032,220 shares at an average price of .86 CAD per share through its Normal Course Issuer bid that is set to expire on February 7, 2023. The Company intends to make another Normal Course Issuer Bid that is subject to Exchange approval. The Company may acquire...
2023-02-07 5:33 PM EST
Tethys Petroleum Dividend Declaration
Grand Cayman, Cayman Islands--(Newsfile Corp. - January 18, 2023) - Tethys Petroleum Limited (TSXV: TPL) ("Tethys" or the "Company") is pleased to announce a dividend declaration.DividendThe Company has approved a quarterly dividend of 3 CAD cents per share on common shares. The record date shall be January 26, 2023 and the pay date shall be February 9, 2023. Corporate UpdateOil -The KBD-02, KBD-04, KBD-06, and KBD-07 wells are continuing to produce at a combined rate exceeding 600 tons/day...
2023-01-18 6:11 PM EST
Tethys Petroleum Press Release: Corporate Update
Grand Cayman, Cayman Islands--(Newsfile Corp. - December 29, 2022) - Tethys Petroleum Limited (TSXV: TPL) ("Tethys" or the "Company") is pleased to provide a corporate update.Exploration update and production updateOil - The KBD-02, KBD-04, KBD-06, and KBD-07 wells are continuing to produce at a combined rate exceeding 500 tons/day (4,000 bopd) on average in the fourth quarter. The Company is making preparations to drill KBD-10 and KBD-11 with the wells expected to be spudded in January,...
2022-12-29 1:00 AM EST
Tethys Petroleum Press Release: Interim Results
Grand Cayman, Cayman Islands--(Newsfile Corp. - October 26, 2022) - Tethys Petroleum Limited (TSXV: TPL) ("Tethys" or the "Company") is pleased to announce that it has filed its Interim Results for the nine months ended September 30, 2022. The full Interim Results together with Management's Discussion and 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...
2022-10-26 5:15 PM EDT
Tethys Petroleum Press Release: Annual General Meeting Results
Grand Cayman, Cayman Islands--(Newsfile Corp. - September 16, 2022) - Tethys Petroleum Limited (TSXV: TPL) ("Tethys" or the "Company") today announces the results of the Annual General Meeting held on September 15, 2022.The following resolutions put to shareholders at the AGM were passed on a poll at the meeting:Receipt of Financial Statements and Auditors Report;Election of Directors2.1 Adeola Ogunsemi - 34,619,034 votes For 99.81%2.2 Mattias Sjoborg - 34,619,034 votes For 99.81%2.3 William...
2022-09-16 1:00 AM EDT
Tethys Petroleum: Interim Financials
Grand Cayman, Cayman Islands--(Newsfile Corp. - August 25, 2022) - Tethys Petroleum Limited (TSXV: TPL) ("Tethys" or the "Company") announced that it has filed its Interim Results for the six months ended June 30, 2022. The full Interim Results together with Management's Discussion and 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.tethys-group.com.About...
2022-08-25 5:15 PM EDT
Tethys Petroleum Press Release: Corporate Update
Grand Cayman, Cayman Islands--(Newsfile Corp. - August 22, 2022) - Tethys Petroleum Limited (TSXV: TPL) ("Tethys" or the "Company") is pleased to provide a corporate update.Exploration update and production updateSeismic - The Company is moving forward with the additional seismic acquisition and expects to be able to interpret and evaluate the results in the first quarter of 2023. This should allow time to identify new prospect(s) to drill prior to the lease expiration in October. The primary...
2022-08-22 1:00 AM EDT
Tethys Petroleum Press Release: Corporate Update
Grand Cayman, Cayman Islands--(Newsfile Corp. - June 10, 2022) - Tethys Petroleum Limited (TSXV: TPL) ("Tethys" or the "Company") today announces that Yerlan Dikhanbayev has been removed from the Board of Directors of the Company by a majority vote of the board and in accordance with the Company's Articles of Association. The board is unaware of any substantive issues but recent absenteeism and a participation level deemed insufficient is the reason for the removal. The Board appreciates...
2022-06-10 1:00 AM EDT
Tethys Petroleum Press Release: Corporate Update
Grand Cayman, Cayman Islands--(Newsfile Corp. - June 2, 2022) - Tethys Petroleum Limited (TSXV: TPL) ("Tethys" or the "Company") is pleased to provide a corporate update.Exploration update and production updateThe KBD-08 well has commenced testing the Upper Barremian zone, which was not previously encountered in other wells. The well produced at a rate of approximately 550 tons (4 377 bopd) per day using a 17mm choke. Using an 11 mm choke the current rate of production is about 285...
2022-06-02 1:00 AM EDT
Tethys Petroleum: Interim Financials
Grand Cayman, Cayman Islands--(Newsfile Corp. - May 20, 2022) - Tethys Petroleum Limited (TSXV: TPL) ("Tethys" or the "Company") announced that it has filed its Interim Results for the three months ended March 31, 2022. The full Interim Results together with Management's Discussion and 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.tethys-group.com.Production...
2022-05-20 9:00 AM EDT
Tethys Petroleum Press Release: Annual Results
Grand Cayman, Cayman Islands--(Newsfile Corp. - April 26, 2022) - Tethys Petroleum Limited (TSXV: TPL) ("Tethys" or the "Company") today announced that it has filed its Annual Results for the year ended December 31, 2021, with the Canadian securities regulatory authorities comprising its Audited Financial Statements together with Management's Discussion and Analysis and other required forms. Copies of the filed documents may be obtained via SEDAR at www.sedar.com or on Tethys' website at...
2022-04-26 4:56 PM EDT
Tethys Petroleum Press Release: Corporate Update
Grand Cayman, Cayman Islands--(Newsfile Corp. - April 22, 2022) - Tethys Petroleum Limited (TSXV: TPL) ("Tethys" or the "Company") is pleased to provide a corporate update.Reserve report updateTethys engaged McDaniel and Associates Consultants to provide a reserve report as of December 31, 2021. This report has now been completed and was prepared in compliance with NI51-101, Standards of Disclosure for Oil and Gas Activities and the COGE Handbook. The following is a summary from the...
2022-04-22 9:33 AM EDT
Tethys Petroleum Press Release: Corporate Update
Grand Cayman, Cayman Islands--(Newsfile Corp. - March 9, 2022) - Tethys Petroleum Limited (TSXV: TPL) ("Tethys" or the "Company") is pleased to provide a corporate update.Oil Sale prepaymentThe Company has concluded a tender to enter into another agreement to sell 50,000 tons of oil for a minimum price of $385 USD per ton. This is a price increase of $120 per ton from the previously announced oil sale agreement announced on December 21, 2021. Upon closing and funding,...
2022-03-09 1:00 AM EST
Tethys Petroleum: Normal Course Issuer Bid Approval
Grand Cayman, Cayman Islands--(Newsfile Corp. - February 4, 2022) - Tethys Petroleum Limited (TSXV: TPL) ("Tethys" or the "Company") is pleased to provide a corporate update.Normal Course Issuer BidThe Company had previously announced its intention to make a Normal Course Issuer Bid subject to Exchange approval. The Normal Course Issuer Bid has been approved by the Exchange. The Company may acquire up 5,377,000 common shares (roughly 5% of the shares outstanding of the Company) during the...
2022-02-04 5:18 PM EST
Tethys Petroleum: Normal Course Issuer Bid Approval
Grand Cayman, Cayman Islands--(Newsfile Corp. - February 2, 2022) - Tethys Petroleum Limited (TSXV: TPL) ("Tethys" or the "Company") is pleased to provide a corporate update.Normal Course Issuer BidThe Company intends to make a Normal Course Issuer Bid that is subject to Exchange approval. The Company may acquire up 5,377,000 common shares (roughly 5% of the shares outstanding of the Company) during the period on or about February 7, 2022 to February 7, 2023. The Company plans to...
2022-02-02 5:33 PM EST
Tethys Petroleum: Corporate Update
Grand Cayman, Cayman Islands--(Newsfile Corp. - December 21, 2021) - Tethys Petroleum Limited (TSXV: TPL) ("Tethys" or the "Company") is pleased to provide a corporate update.Oil Sale prepaymentThe Company has entered into a prepaid oil sale agreement to sell 50,000 tons of oil for a price of $265 USD per ton. This is a significant improvement on earlier pricing with the most recent sales being closer to $165/ton. Upon closing and funding, this will provide Tethys with approximately...
2021-12-21 1:00 AM EST
Tethys Petroleum Interim Results
Grand Cayman, Cayman Islands--(Newsfile Corp. - November 12, 2021) - Tethys Petroleum Limited (TSXV: TPL) ("Tethys" or the "Company") today announced that it has filed its Interim Results for the three months ended September 30, 2021. The full Interim Results together with Management's Discussion and 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...
2021-11-12 1:00 AM EST
Tethys Petroleum Press Release: Corporate Update
Grand Cayman, Cayman Islands--(Newsfile Corp. - October 22, 2021) - Tethys Petroleum Limited (TSXV: TPL) ("Tethys" or the "Company") is pleased to provide a corporate update."Kul-Bas" LLP, a subsidiary company of Tethys obtained all the approvals to operate under the pilot license program at the Kul-Bas field. This approval allows for approximately 180,000 tons of oil to be produced prior to the expiration of the pilot license in December, 2022.The pilot license allows for a maximum of 57,450...
2021-10-22 1:00 AM EDT