Tethys Petroleum Ltd.

GRAND CAYMAN, CAYMAN ISLANDS--(Marketwired - Nov 15, 2016) - Tethys Petroleum Ltd. (TSX:TPL)(LSE:TPL) ("Tethys" or the "Company") is pleased to announce that the previously announced claims against employees of the Company's wholly owned subsidiary Tethys Aral Gas LLP ("TAG") in Kazakhstan have been dismissed. Tethys wishes to acknowledge the assistance of the Office of the Almaty City Prosecutor in quickly reviewing the [...]

GRAND CAYMAN, CAYMAN ISLANDS--(Marketwired - Nov 6, 2016) - Tethys Petroleum Ltd. (TSX:TPL)(LSE:TPL) ("Tethys" or the "Company") today provides an update to the previously announced failure by Olisol Petroleum Limited and Olisol Investments Limited (together "Olisol") to fulfill their obligations under the Investment Agreement, claims made against Tethys subsidiaries in Kazakhstan by Eurasia Gas Group LLP ("EGG") and [...]

Tethys Petroleum today announces that it has received non-binding proposals from private investors, Winston Sanjeev Kumar Soosaipillai and Medgat Kumar to acquire ordinary shares in the Company. The key commercial terms of the Share Acquisition Proposals are summarized below. The Share Acquisition Proposals are subject to, among other things, agreement on definitive documentation, completion of legal and financial due [...]

GRAND CAYMAN, CAYMAN ISLANDS--(Marketwired - Nov 3, 2016) - Tethys Petroleum Ltd. ("Tethys" or the "Company") (TSX:TPL)(LSE:TPL) today announces that Alexander Abramov 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. Alexander Abramov has been replaced as Chairman of the Board by William P. Wells. The Board now [...]

GRAND CAYMAN, CAYMAN ISLANDS--(Marketwired - Nov 1, 2016) - Tethys Petroleum Ltd. ("Tethys" or the "Company") (TSX:TPL)(LSE:TPL) today announces that it acknowledges the press release by Olisol Petroleum Limited ("Olisol") on October 28, 2016 relating to Tethys subsidiary, Tethys Aral Gas LLP's ("TAG") gas sales contract with Intergas Central Asia ("ICA"), the Kazakh State-owned gas transport company ("Gas Contract [...]

GRAND CAYMAN, CAYMAN ISLANDS--(Marketwired - Oct 27, 2016) - Tethys Petroleum Ltd. ("Tethys" or the "Company") (TSX:TPL)(LSE:TPL) today announces that the previously announced C$9.8 million private placement with Olisol Investments Limited and Olisol Petroleum Limited (together "Olisol") has not closed by the October 27, 2016 outside date under the Amended and Restated Investment Agreement dated April 28, 2016 [...]

GRAND CAYMAN, CAYMAN ISLANDS--(Marketwired - Oct 20, 2016) - Tethys Petroleum Ltd. (TSX:TPL)(LSE:TPL) ("Tethys" or the "Company") today announces that it acknowledges Olisol Petroleum Limited's ("Olisol") Press Release dated October 12, 2016 ("Release") whilst wishing to clarify certain matters pertaining to Olisol's Release and to provide a transaction update. Olisol Petroleum Limited Press Release Olisol states in its [...]

GRAND CAYMAN, CAYMAN ISLANDS--(Marketwired - Oct 1, 2016) - Tethys Petroleum Ltd. (TSX:TPL)(LSE:TPL) ("Tethys" or the "Company") today announces that the Almaty City Court's Board of Appeals has found in favour of Tethys by dismissing the previously announced appeal of the claimant and upholding the earlier Court decision on August 24, 2016 to lift the seizure order over the Company's assets. The Court's decision is [...]

GRAND CAYMAN, CAYMAN ISLANDS--(Marketwired - Sept. 16, 2016) - Tethys Petroleum Ltd. ("Tethys" or the "Company") (TSX:TPL)(LSE:TPL) today announces a corporate update. Olisol Transaction As previously announced on September 2, 2016 the Company continues to work with Olisol to complete the private placement of 181,240,793 shares at C$0.054 per share for proceeds of C$9.8 million whilst at the same time evaluating other [...]

GRAND CAYMAN, CAYMAN ISLANDS--(Marketwired - Sept. 2, 2016) - Tethys Petroleum Ltd. ("Tethys" or the "Company") (TSX:TPL) (LSE:TPL) today announces a corporate update. Olisol Transaction Following approval of The Grand Court in the Cayman Islands on August 19, 2016 to reduce the par value of the Company's ordinary shares from US$0.10 to US$0.01 the Company has worked with Olisol and its advisors to complete the previously [...]