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Tethys Petroleum Limited Company News
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AGR Demands Speedy Loan Repayment from Tethys Petroleum
AGR Energy sends Tethys Petroleum an 'accelerated repayment notice' in relation to a $7.5-million loan it made to the firm during the spring of this year.
7:00 PM EST | November 24, 2015
Tethys Told to Withdraw from Tajikistan Exploration Project
Tethys Petroleum Limited receives a notice from joint venture partners Total E&P Tajikistan B.V and CNPC Central Asia B.V. to withdraw from the Bokhtar exploration project in Tajikistan, after missing a payment of approximately $1.28 million.
8:00 PM EST | October 11, 2015
Nostrum Withdraws Tethys Takeover Offer, AGR Proposes Share Deal
AGR Energy Holdings Limited issues a non-binding LOI to acquire $20M worth of Tethys shares, following the withdrawal of Nostrum Oil & Gas' offer to acquire the entire issued share capital of Tethys.
8:00 PM EST | October 06, 2015
Turnaround at Tethys 'Well Underway'
Tethys says the turnaround at its business is now "well underway" as it reports widening losses.
8:00 PM EST | August 16, 2015
Tethys Financing Deal with AGR Falls Through, Talks with Nostrum
Central Asia-focused Tethys Petroleum says its $47.7-million financing deal with AGR Energy has fallen through, but the firm is now in talks with Nostrum Oil & Gas.
8:00 PM EST | August 09, 2015
Tethys Rejects Nostrum Bid Approach
The board of Tethys Petroleum rejects a $57 million bid for the business from Nostrum Oil & Gas.
8:00 PM EST | July 13, 2015
AGR Energy Takes Controlling Stake in Tethys Petroleum
Central Asia-focused Tethys Petroleum raises a much-needed $48 million via a share placing with Kazakhstan's AGR Energy.
8:00 PM EST | June 30, 2015
Tethys: Kazakhstan Production Sees Record Increase
Tethys Petroleum's production output from Kazakhstan averages 5,408 barrels of oil equivalent per day, which is the highest rate since June 2013.
8:00 PM EST | June 10, 2015
Tethys Sees Lower 1Q Revenues, Boosts Production
Tethys Petroleum see revenues fall as its boosts production by nine percent during the first quarter of 2015.
8:00 PM EST | May 17, 2015
Tethys, PetroChina Ink MOU to Explore Kazakhstan's Oil, Gas Sales to China
Tethys Petroleum inks memorandum of understanding with PetroChina to explore ways of exporting crude oil and gas from Kazakhstan to China.
7:00 PM EST | March 02, 2015
Tethys Gets 15 Years Extension to Kyzyloi Production Contract
Tethys Petroleum gets permission from the Kazakh government to extend the Kyzyloi Gas Production Contract to December 2029.
7:00 PM EST | January 22, 2015
Tethys Petroleum Appoints John Bell as Chairman
Central Asia-focused Tethys Petroleum appoints John Bell as its new executive chairman.
7:00 PM EST | November 26, 2014
Tethys Finds Gas at AKK19 Exploration Well in Kazakhstan
Tethys Petroleum finds gas at AKK19 exploration well at the Kyzyloi and Akkulka development in Kazakhstan.
8:00 PM EST | April 24, 2014
Tethys Sees First Success in 2014 Gas Drilling Program
Tethys Petroleum drills its first successful gas well of its 2014 drilling campaign but provides 'mixed' results from other wells.
7:00 PM EST | March 06, 2014
Tethys Updates on Oil Resource for Klymene Prospect in Kazakhstan
Tethys Petroleum provides an update on the oil resource for the Klymene prospect in Kul-Bas Exploration and Production Contract in Kazakhstan.
7:00 PM EST | January 16, 2014
Tethys to Sell 50% Stake in its Kazakhstan Oil, Gas Assets to SinoHan
Tethys Petroleum inks agreement to sell 50 percent of its oil and gas assets in Kazakhstan to Beijing-based private equity fund SinoHan Oil and Gas Investment for an initial payment of $75 million.
7:00 PM EST | November 03, 2013
Tethys Begins Drilling Doto Well
Tethys Petroleum begins drilling the Doto exploration well in Kazakhstan.
8:00 PM EST | September 12, 2013
Tethys Updates on Drilling Operations in Kazakhstan
Tethys Petroleum provides update on its drilling operations in Kazakhstan.
8:00 PM EST | July 28, 2013
Tethys Makes Strategic Move into Georgia
Tethys Petroleum buys stakes in five blocks in the Central Asian country of Georgia.
8:00 PM EST | July 07, 2013
Tethys Plans to Spend $20M on E&P in 2H 2013
Tethys Petroleum outlines its work program for its exploration and production activities in Kazakhstan during the second half of 2013.
8:00 PM EST | June 18, 2013
Total, CNPC to Develop O&G Assets in Tajikistan
Total and China National Petroleum Corporation have agreed a deal with Tethys Petroleum to develop oil and gas assets in Tajikistan.
8:00 PM EST | June 17, 2013
Tethys Suspends Ops at Kazakh Well
Tethys Petroleum Limited provides an update on testing of the AKD07 well in Kazakhstan and seismic and production updates in Tajikistan.
7:00 PM EST | November 12, 2012
Tethys to Test AKD07 Appraisal
Tethys reaches Total Depth at the AKD07 exploration/appraisal well and is now running the production liner in order to test the Jurassic carbonate zone.
8:00 PM EST | October 17, 2012
Tethys Reports Kazakh Well AKD07 Shows Hydrocarbon Potential
After drilling nearly 8,500 feet, Akkulka Block well's Jurassic limestone sequence and sandstone show potential for hydrocarbons.
8:00 PM EST | October 11, 2012
Tethys Boosts Production in Central Asia
Junior oil firm Tethys Petroleum sees large production increase in Kazakhstan.
8:00 PM EST | August 14, 2012
Tethys Names New CEO
Tethys Petroleum Limited announced the appointment of Julian Hammond to Chief Executive Officer and President.
8:00 PM EST | July 29, 2012
Tethys Adds Member to Board
Tethys Petroleum Limited announced the appointment of Ambassador Zalmay Khalilzad to the Board of Directors.
8:00 PM EST | July 08, 2012
Tethys Receives Boost in Kazakh Resource Report
Tethys Petroleum has received an updated oil Resource Report for its Kazakhstan assets that estimates gross unrisked recoverable mean prospective oil resources of 1.17 billion barrels of oil.
8:00 PM EST | May 15, 2012
Tethys Granted Exploration Extension in Kazakhstan
Tethys Petroleum has received permission for the extension of the Akkulka Exploration Contract in Kazakhstan where the Company is currently appraising the high potential Doris oil discovery and also where it has several exciting exploration targets.
8:00 PM EST | April 18, 2012
Tethys Completes First Oil Sale through Kazakh Facility
Tethys Petroleum has completed the first shipment of commercial oil production through its Aral Oil Terminal at Shalkar.
8:00 PM EST | April 12, 2012
Tethys Issues Tender for Tajik Seismic
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.
7:00 PM EST | February 08, 2012
Tethys Pens MOU for Uzbek Exploration
Tethys Petroleum Limited has signed an MOU with Uzbekneftegaz.
7:00 PM EST | January 31, 2012
Tethys Welcomes New Member to Board
Tethys Petroleum Limited announced the appointment of Mr. Julian Hammond to the Board of Directors of Tethys Petroleum Limited.
7:00 PM EST | January 17, 2012
Tethys Signs MOU with Uzbekneftegaz
Tethys has signed an MOU with Uzbekneftegaz establishing a program for Tethys to obtain two new PECs on two existing oilfields in Uzbekistan.
7:00 PM EST | November 17, 2011
Tethys Tests Flow Rates of More Than 4,300 bopd at Kazakh Well
Tethys announced that the Cretaceous sand interval on the AKD06 Doris appraisal well had tested oil at a rate of over 4,300 bopd.
7:00 PM EST | November 14, 2011
Tethys Flows More Than 500 bopd at Tajik Well
Tethys announced results of a successful workover of well BST20 in the Beshtentak oilfield in Tajikistan, and also gave a brief update on other Tajik drilling and production operations.
8:00 PM EST | October 19, 2011
Tethys Spies Oil at Kazakh Doris AKD06 Well
Tethys updated initial results of the AKD06 Doris appraisal well in Kazakhstan. Drilling data and wireline logs indicate oil in both the Cretaceous sandstone and Jurassic limestone reservoirs.
8:00 PM EST | September 25, 2011
Tethys Pumps Oil at Tajik Well
Tethys gave an update on its operations in the Republic of Tajikistan. Currently the well is flowing a mixture of completion brine and oil from the upper Alai sandstone interval.
8:00 PM EST | September 12, 2011
Tethys Posts Initial Logging Results from Kalypso Well
Tethys announced the initial logging results of its KBD01 (Kalypso) exploration well drilled in the Kul-Bas block some 50 km north west of the Doris oil discovery.
8:00 PM EST | September 06, 2011
CNPC Wins Bid for Afghan Blocks
Chinese State Oil Company, CNPC, has won the tender for the Kashkari, Bazarkhami and Zamarudsay blocks in Northern Afghanistan.
8:00 PM EST | September 05, 2011
Tethys Highlights 2Q11 Production
Tethys provided an operational update in conjunction with its financial results for the quarter ended June 30, 2011.
8:00 PM EST | August 14, 2011
Tethys Opens Doris Facilities in Kazakhstan
Tethys announced the opening of its Doris oil production facilities in Kazakhstan.
8:00 PM EST | August 08, 2011
Tethys Lists on LSE
Tethys Petroleum has commenced trading on the main market of the London Stock Exchange under the ticker symbol "TPL".
8:00 PM EST | July 24, 2011
Tethys Updates Operations at Tajik Well
Tethys announced a further update on the East Olimtoi EOL09 exploration well in south-western Tajikistan.
8:00 PM EST | June 08, 2011
Tethys Makes Oil Find at Tajik Well
While drilling at a depth of 3,342 meters in sandstones of the Alai formation, Tethys discovered a strong flow of live oil to the surface.
8:00 PM EST | May 26, 2011
Tethys Shuffles Management
Tethys announced certain organizational changes within the Company.
8:00 PM EST | April 10, 2011
Tethys Contracts Rig, Accelerates Drilling Program in Oman
The development and exploration program on Blocks 3 and 4 onshore the Sultanate of Oman accelerates after a second drilling rig has been contracted.
8:00 PM EST | March 29, 2011
Tethys Highlights 2010 Ops
Tethys provided an operational update in conjunction with its financial results for the year ended December 31, 2010.
8:00 PM EST | March 20, 2011
Tethys: HZ Sidetracking Completed in Oman
The 2011 drilling program onshore the Sultane of Oman has continued with the successful completion of the horizontal sidetracking in the Saiwan East -2 well on Block 4.
8:00 PM EST | March 16, 2011
Tethys: Uzbek Well Tests Flow Rates of 1,100 Bopd
Tethys announced the initial results of testing on the NUR96H2 horizontal development well at the North Urtabulak field in Uzbekistan.
7:00 PM EST | February 16, 2011