Proactive investorsLogo Proactive Investors UK Website

Search field
Additional information
Additional Information
Market: TSX
Sector: Oil & Gas Exploration & Production
Epic: TPL
News: Latest news
Web Site: Tethys Petroleum
Other Articles: 20-08-201016-08-201003-08-2010

RSS - Subscribe to the News Today on Proactive UK ▼

Thursday September 02, 11:00Baobab Resources identifies distinct ore domain at Tete’s South Zone

Baobab MD Ben James said the latest drilling results from the Tete project's South Zone characterise a distinct, higher mass recovery, ore domain.

FULL ARTICLE ►

RSS - Subscribe to the News Today on Proactive AU ▼

Thursday September 02, 08:15Indonesia edges closer toward uranium mining and nuclear power

After nearly five decades of national debate on the issue, Indonesia's central government may finally be ready to develop a national nuclear policy, which may lead to domestic uranium mining.

FULL ARTICLE ►

RSS - Subscribe to the News Today on Proactive CN ▼

Wednesday September 01, 01:25Green Dragon Gas reports significant growth as China’s thirst for energy continues

China's thirst for energy resources has continued with an increased focus on domestic supplies of gas, Green Dragon Gas chairman Randeep Grewal said today. In the company's interim results, [...]

FULL ARTICLE ►
Tethys Petroleum

Tethys Petroleum

Tethys Petroleum Limited's strategy is to create shareholder value by building an oil and gas exploration and production company focused on Central Asia in areas with substantial oil and gas potential, building on the strengths of its management team and with a mix of short-term cash flow and upside potential. Currently Tethys has projects in Kazakhstan, Tajikistan and most recently Uzbekistan. Tethys is listed on the Toronto Stock Exchange in Canada and the RFCA Exchange in Almaty, Kazakhstan.

CLICK HERE FOR FULL ANLAYSIS OF TETHYS PETROLEUM
Monday, January 11, 2010

President Karimov of Uzbekistan lends support to Tethys Petroleum’s oil and gas activities

company news image

Tethys Petroleum ("Tethys")(TSX: TPL) released one of the more intriguing announcements in Canada today, reporting that the President of Uzbekistan had issued instructions to NHC Uzbekneftegaz, the state oil and gas company, to “evaluate further expansion of cooperation with Tethys in carrying out exploration works on perspective areas and increasing oil production on existing fields”.


"We are very pleased to receive this support from his Excellency President Karimov in furthering our activities in Uzbekistan,” stated Julian Hammond, Chief Commercial Officer of Tethys, “The fact this Order has been issued after a relative short period of activity by the company in Uzbekistan reflects the commitment we have shown on our existing project and also the commitment to expand our activities in the oil and gas industry in Uzbekistan."


Tethys went on to report that the first focus area is supporting its ambitions to up production at the North Urtabulak oil field in the south-western region of the country.  Tethys is currently drilling the NUR116 development well at North Urtabulak, and is undertaking reservoir modelling for the field to help in field development planning.

Tethys believes there is significantly more recoverable oil remaining in the North Urtabulak oilfield.


The second focus area is assisting Tethys in the area of new exploration. Tethys believes there is substantial exploration potential in Uzbekistan, including in the Ustyurt basin in the north of the country where it recently reported a new oil discovery.


£Tethys believes that its unique technical knowledge gained in Kazakhstan could be invaluable in any potential joint exploration work with Uzbekneftegaz in similar geology in Uzbekistan,” Tethys added.  “Tethys believes the issue of this Order will facilitate discussions with the State oil and gas company and help progress toward obtaining some exploration acreage in this attractive area.”


Tethys is focused on oil and gas exploration and production activities in Central Asia with activities currently in the Republics of Kazakhstan, Tajikistan and Uzbekistan.

AddThis Feed Button
Register here to be notified of future Tethys Petroleum articles.

Other Tethys Petroleum articles


Other Tethys Petroleum news

More news ►

Investors interested in Tethys Petroleum recently viewed


No investment advice

The Company is a publisher and is not registered with or authorised by the Financial Services Authority (FSA). You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.