Tethys Petroleum Ltd. is pleased to provide a corporate update. Commercial license update Tethys is moving forward on the necessary steps to achieve a license for commercial production. The Company completed the reserve estimation for Kulbas and a mining allotment of 67.72 km2 was approved at the end June. An application for securing a preparatory period of three years with the assigned mining allotment for the Kul Bas [...]
Tethys Petroleum Ltd. announced that it has filed its Interim Results for the three months ended March 31, 2023. 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. Regulatory and operations update The company is [...]
Tethys Petroleum Ltd. today announced that it has filed its Annual Results for the year ended December 31, 2022 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 [...]
Tethys Petroleum Ltd. is pleased to provide a corporate update. Prosecutor claim As previously announced on February 27, 2023 the Astana Specialized Economic Court ruled that there were not sufficient grounds for satisfying the claim made by the Prosecutor's Office of the Aktobe Region. The time period for filing an appeal has now passed, and no appeal has been filed. Management is of the understanding that this issue has [...]
Tethys Petroleum Ltd. is providing an update on the claim made by the Prosecutor's Office of the Aktobe region or the Republic of Kazakhstan . Tethys wishes to announce that the Astana Specialized Economic Court has ruled today that there are not sufficient grounds for satisfying the claim made by the Prosecutor's Office of the Aktobe Region. As Tethys previously reported, the Prosecutor's office claimed that the 2020 and [...]
Tethys Petroleum Ltd. is providing an update on the claim made by the Prosecutor's Office of the Aktobe region or the Republic of Kazakhstan . Tethys wishes to announce that a court hearing regarding the Kul-Bas license took place in Astana yesterday. Judge Nurlanov asked for additional information from the prosecutor and from each of the co-defendants but did not make a ruling on the claim. The judge has scheduled an [...]
Tethys Petroleum Ltd. is providing a notification of a claim made by the Prosecutor's Office of the Aktobe region or the Republic of Kazakhstan . Tethys announces that the Prosecutor's Office of the Aktobe region in the Republic has initiated a claim against Kul-Bas LLP, a Tethys' subsidiary registered in the Republic to cancel the subsurface rights for the Klymene oil field and the Kul-Bas license. Both the Ministry of [...]
Tethys Petroleum Ltd. is pleased to provide a corporate update. Normal Course Issuer Bid The Company has purchased 1,032,220 shares at an average price of .86 CAD per share through its Normal Course Issuer bid that is set to expire on February 7, 2023. The Company intends to make another Normal Course Issuer Bid that is subject to Exchange approval. The Company may acquire up 5,805,361 common shares during the period on [...]
Tethys Petroleum Ltd. is pleased to announce a dividend declaration. Dividend The Company has approved a quarterly dividend of 3 CAD cents per share on common shares. The record date shall be January 26, 2023 and the pay date shall be February 9, 2023. Corporate Update Oil -The KBD-02, KBD-04, KBD-06, and KBD-07 wells are continuing to produce at a combined rate exceeding 600 tons/day on average so far in January. The [...]
Tethys Petroleum Ltd. is pleased to provide a corporate update. Exploration update and production update Oil - The KBD-02, KBD-04, KBD-06, and KBD-07 wells are continuing to produce at a combined rate exceeding 500 tons/day on average in the fourth quarter. The Company is making preparations to drill KBD-10 and KBD-11 with the wells expected to be spudded in January, 2023. KBD-10 is located southeast of KBD-08 and KBD-11 [...]
Tethys Petroleum Ltd. is pleased to announce that it has filed its Interim Results for the nine months ended September 30, 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. Exploration update and [...]
Tethys Petroleum Ltd. today announces the results of the Annual General Meeting held on September 15, 2022. 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 - 34,619,034 votes For 99.81% 2.2 Mattias Sjoborg - 34,619,034 votes For 99.81% 2.3 William Wells - 34,619,034 votes For 99.81 [...]
+73,71 %
-47,09 %
