T
TETHYS AKTAU II LLP
Tethys Petroleum Limited acquires, explores for, and develops crude oil and natural gas fields in Kazakhstan. It holds 100% working interest in the Kyzyloi production contract covering 449 sq. km; Akkulka exploration licence and contract covering 827 sq. km; Akkulka production contract covering 396 sq. km; and Kul-Bas exploration and production contract covering 7,632 sq. km located in Kazakhstan. The company was formerly known as Tethys Petroleum Investments Limited and changed its name to Tethys Petroleum Limited in September 2006. Tethys Petroleum Limited was incorporated in 2003 and is based in George Town, the Cayman Islands.
Country/Area ：Kazakhstan
Company Email ：info@tethys-group.com
Industry ：Energy, Utilities & Waste TreatmentElectricity, Oil & Gas
Company address ：190 Elgin Ave, George Town, George Town, Cayman Islands
Company website ：*****
Company phone ：+44 2078216128
Established ：2003
Company Revenue ：$27,425,000
Number of employees ：236
SIC Code ：13131
NAICS Code ：21211
Company News
Tethys Petroleum Press Release: Annual General Meeting Results
Sep 21, 2023
Grand Cayman, Cayman Islands--(Newsfile Corp. - September 21, 2023) - Tethys Petroleum Limited (TSXV: TPL) ("Tethys" or the "Company") today announces the results of the Annual General Meeting held on September 21, 2023.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 Directors 2.1 Adeola Ogunsemi - 41,829,338 votes For 99.9% 2.2 Mattias Sjoborg - 41,829,338 votes For 99.9% 2.3 Don...
Sep 21, 2023
Tethys Petroleum Press Release: Corporate UpdateJun 10, 2022
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....
Jun 10, 2022Tethys Petroleum Press Release: Corporate UpdateJun 2, 2022
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...
Jun 2, 2022Tethys Petroleum: Interim FinancialsMay 20, 2022
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 updat
May 20, 2022Tethys Petroleum Press Release: Annual ResultsApr 26, 2022
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 www.tet
Apr 26, 2022Web Summary
Q1: What is the registered office address of Tethys Petroleum Limited?
A1: The registered office address of Tethys Petroleum Limited is Grand Pavilion, Hibiscus Way, 802 West Bay Road, Grand Cayman KY1-1205, Cayman Islands.
Q2: Where is Tethys Petroleum Limited's primary listing?
A2: Tethys Petroleum Limited has its primary listing on the TSX Venture Exchange (TSXV), which is the world’s largest exchange for oil and gas companies.
Q3: What is the focus area of Tethys Petroleum Limited?
A3: Tethys Petroleum Limited is focused on Central Asia and the Caspian Region, with projects in Kazakhstan.
Q4: What are some of the company's existing assets?
A4: Tethys Petroleum has a portfolio of assets including existing oil and gas production, as well as exploration contracts such as the Kyzyloi Production Contract, Akkulka Production Contract, Akkulka Exploration Contract, and Kul-Bas E&P Contract.
Q5: What is the name behind which the company was named?
A5: Tethys Petroleum Limited derives its name from the Tethys Ocean, which covered Central Asia and surrounding areas some 250 million years ago.
Q6: What is the significance of the Tethys Ocean in relation to the company's focus area?
A6: The Tethys Ocean played a crucial role in shaping the geology of Central Asia, creating the mountain chains of the Himalayas to the Alps. Today, many of the world’s largest oil and gas fields in Central Asia are located in areas that were once part of the Tethys Ocean.
Q7: What is the current status of the Klymene prospect?
A7: The Klymene prospect in the Kul-Bas area is now being developed following successful 2020 testing of the KBD-02 well, which has led to the completion of the annual evaluation of the Kazakhstan reserves by an independent qualified reserves evaluator.
Q8: What is the company's vision and strategy?
A8: Tethys Petroleum Limited’s vision is to become a leading independent E&P company in Central Asia by exercising capital discipline, generating cash flow from existing discoveries, and maturing large exploration prospects within its highly-attractive frontier acreage. The company's strategy includes securing funding required to meet capital expenditure plans, drilling new oil & gas wells to increase production levels and revenues, and further developing the Kul-Bas exploration contract area.
Q9: What is the composition of Tethys Petroleum Limited's Board of Directors?
A9: The Company’s Board consists of a majority of independent non-executive directors, with a broad range of experience and skills including technical, commercial, and finance expertise.
A1: The registered office address of Tethys Petroleum Limited is Grand Pavilion, Hibiscus Way, 802 West Bay Road, Grand Cayman KY1-1205, Cayman Islands.
Q2: Where is Tethys Petroleum Limited's primary listing?
A2: Tethys Petroleum Limited has its primary listing on the TSX Venture Exchange (TSXV), which is the world’s largest exchange for oil and gas companies.
Q3: What is the focus area of Tethys Petroleum Limited?
A3: Tethys Petroleum Limited is focused on Central Asia and the Caspian Region, with projects in Kazakhstan.
Q4: What are some of the company's existing assets?
A4: Tethys Petroleum has a portfolio of assets including existing oil and gas production, as well as exploration contracts such as the Kyzyloi Production Contract, Akkulka Production Contract, Akkulka Exploration Contract, and Kul-Bas E&P Contract.
Q5: What is the name behind which the company was named?
A5: Tethys Petroleum Limited derives its name from the Tethys Ocean, which covered Central Asia and surrounding areas some 250 million years ago.
Q6: What is the significance of the Tethys Ocean in relation to the company's focus area?
A6: The Tethys Ocean played a crucial role in shaping the geology of Central Asia, creating the mountain chains of the Himalayas to the Alps. Today, many of the world’s largest oil and gas fields in Central Asia are located in areas that were once part of the Tethys Ocean.
Q7: What is the current status of the Klymene prospect?
A7: The Klymene prospect in the Kul-Bas area is now being developed following successful 2020 testing of the KBD-02 well, which has led to the completion of the annual evaluation of the Kazakhstan reserves by an independent qualified reserves evaluator.
Q8: What is the company's vision and strategy?
A8: Tethys Petroleum Limited’s vision is to become a leading independent E&P company in Central Asia by exercising capital discipline, generating cash flow from existing discoveries, and maturing large exploration prospects within its highly-attractive frontier acreage. The company's strategy includes securing funding required to meet capital expenditure plans, drilling new oil & gas wells to increase production levels and revenues, and further developing the Kul-Bas exploration contract area.
Q9: What is the composition of Tethys Petroleum Limited's Board of Directors?
A9: The Company’s Board consists of a majority of independent non-executive directors, with a broad range of experience and skills including technical, commercial, and finance expertise.
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