Tethys Petroleum Ltd. is pleased to provide an update on the Company's operations in the Republic of Kazakhstan. Operations update Oil production is continuing from wells KBD-02, KBD-06, and KBD-07, with an average of about 380 tons per day over the last month. The second gas turbine has been successfully repaired and this is expected to increase the gas utilization capacity of daily oil production to about 480 tons per [...]
Tethys Petroleum is pleased to provide an update on the Company's operations in the Republic of Kazakhstan. Legal update The Company had previously reported that an arbitration ruling has been made on May 13, 2025 ordering DSFK to pay the Company approximately 1.4 billion KZT and for 18 million shares of the Company held by Olisol Petroleum Limited to be cancelled. DSFK and owners of Olisol challenged the final award. The [...]
Tethys Petroleum announced that it has filed its interim results for the three months ended Sept 30, 2025 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 or on Tethys' website. Financial highlights Oil and gas sales increased by 33% to $7.1 [...]
Tethys Petroleum is pleased to provide an update on the Company's operations in the Republic of Kazakhstan. Operations update Oil production is continuing from wells KBD-02, KBD-06, and KBD-07 with a gradual increase of about 330 tons per day over the last month. Gas production has been averaging about 240,000 m3 per day from 20 wells. The gas turbine repair has experienced a delay and the gas turbine is now scheduled to [...]
Tethys Petroleum is pleased to provide an update on the Company's operations in the Republic of Kazakhstan. Operations update Oil production is continuing from wells KBD-02, KBD-06, and KBD-07 with a gradual increase of about 320 tons per day to 345 tons per day over the last month. Gas production has been averaging about 200,000 m3 per day from 20 wells. Workover jobs have been planned for several of the gas wells and [...]
Tethys Petroleum Ltd. today announced that it has filed its interim results for the three months ended June 30, 2025 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.sedarplus.ca or on Tethys' website at www.tethys-group.com. Financial [...]
Tethys Petroleum Ltd. today announces the results of the Annual General Meeting held on August 11, 2025 . The following resolutions put to shareholders at the Meeting were passed on a poll at the Meeting: 1. Receipt of Financial Statements and Auditors Report; 2. Election of Directors: 2.1 Adeola Ogunsemi - 43,252,561 votes For 54.9% 2.2 Mattias Sjoborg - 43,252,561 votes For 54.9% 2.3 Don Streu - 78,760,609 votes For [...]
Tethys Petroleum Ltd. announces that it has been provided with notices of intention to nominate directors of the Company at the annual general meeting of shareholders to be held on August 11, 2025. Fincraft Group LLP has given notice of its intention to nominate Askar Ismailov as a director. Gazexport Limited has given notice of its intention to nominate Paul J. Ostling and Piers Johnson as directors. Fincraft has not [...]
Corporate update Tethys Petroleum Ltd. is pleased to provide an update on the Company's operations in the Republic of Kazakhstan. Operations update Oil production is continuing from wells KBD-02, KBD-06, and KBD-07 at an average rate of about 300 tons per day over the last month, and 330 tons per day over the last week. Gas production has been averaging about 200,000 m3 per day from 20 wells. The Company is going to [...]
Tethys Petroleum Ltd. today announced that it has filed its interim results for the three months ended March 31, 2025 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.tethys-group.com. Financial [...]
Tethys Petroleum Ltd. is pleased to provide an update on the Company's operations in the Republic of Kazakhstan. Arbitration update In November of 2023 Tethys initiated an arbitration with the International Arbitration Centre regarding a Settlement Deed and Release Agreement that was entered into in December of 2019. The relief sought by Tethys was to declare that the Settlement Deed and Release is no longer binding, and [...]
Tethys Petroleum Ltd. today announced that it has filed its Annual Results for the year ended December 31, 2024 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.tethys-group.com. Financial highlights [...]