Tethys Petroleum: Cease Trade Order Revoked
Grand Cayman, Cayman Islands--(Newsfile Corp. - September 10, 2018) - Tethys Petroleum Limited (TSXV: TPL.H) ("Tethys" or the "Company") today announced that on September 7, 2018 the Company's principal regulator, the Alberta Securities Commission, issued a Revocation Order in respect of its previously issued Cease Trade Order ("CTO") which has been in place since June 29, 2018. This follows Tethys bringing its filings with Canadian regulatory authorities up to date. Trading in Tethys ordinary shares is expected to recommence shortly.
Tethys is focused on oil and gas exploration and production activities in Central Asia and the Caspian Region. This highly prolific oil and gas area is rapidly developing and Tethys believes that significant potential exists in both exploration and in discovered deposits.