Tethys Share Discussion Threads

[devonlad] 12/12/2016 12:02

Great news. Shows that they have some clout, a gas supply contract with China would go down well about now!

[dorset64] 12/12/2016 11:51

casual, I'm told that now Kenneth is back in the country that further news and/or replies to my contact should be this week.

So, now we have the gas contract back on and appears that Olisols fraudulent attempts to take TPL out or down, or both, have totally & utterly failed.

If we can now get back on track and with further funding start the shallow well programme, I can see the share price rising accordingly.

Naimanka, have you contacted the BoD's yet?

[the_isolator] 12/12/2016 11:48

good news, plus we have oil on the up seems like the kumers got in the right time

[casual47] 12/12/2016 11:47

A relief.

Any idea who the "strategic in-country partners" are?

D64 -- please keep pushing for answers to your email

[neilyb675] 12/12/2016 11:44

Great👀

[dorset64] 12/12/2016 11:43

And there we have it:

'The Company wishes to acknowledge the valuable assistance provided by its new investors and strategic in-country partners in Kazakhstan in facilitating these discussions'.....

[ratfan] 12/12/2016 11:42

News on gas contract out

GRAND CAYMAN, CAYMAN ISLANDS--(Marketwired - Dec. 12, 2016) - Tethys Petroleum Limited (TSX:TPL)(LSE:TPL) ("Tethys" or the "Company") today announces that Intergas Central Asia ("ICA"), the Kazakh State-owned gas transportation company has notified the Company's wholly owned subsidiary in Kazakhstan, Tethys Aral Gas LLP ("TAG"), that it intends to continue accepting gas produced by TAG under the existing gas sales contract ("Gas Contract") and gas supply by TAG to ICA recommenced on December 9, 2016.

ICA had previously announced its intention to cancel the Gas Contract and stopped accepting gas from TAG on October 18, 2016. The Company contested the grounds for cancellation of the Gas Contract and has been in discussions with ICA and Government officials since that time regarding such matters and is pleased that they have now been resolved amicably and to the satisfaction of all parties. The Company wishes to acknowledge the valuable assistance provided by its new investors and strategic in-country partners in Kazakhstan in facilitating these discussions.
TAG has taken advantage of this period of gas production downtime to conduct important routine maintenance and individual well performance analysis which would not otherwise have been possible.

About Tethys

Tethys is focused on oil and gas exploration and production activities in Central Asia and the Caspian Region. This highly prolific oil and gas area is rapidly developing and Tethys believes that significant potential exists in both exploration and in discovered deposits.

Disclaimer

Some of the statements in this document are forward-looking. Forward-looking statements include statements regarding the intent, belief and current expectations of the Company or its officers with respect to the potential that exists in both exploration and in discovered deposits in Central Asia and the Caspian Region and recommencement of gas supply by TAG to ICA under the Gas Contract. When used in this document, the words "expects," "believes," "anticipates," "plans," "may," "will," "should" and similar expressions, and the negatives thereof, are intended to identify forward-looking statements. Such statements are not promises or guarantees, and are subject to risks and uncertainties that could cause actual outcomes to differ materially from those suggested by any such statements including risks and uncertainties with respect to the potential that exists in both exploration and in discovered deposits in Central Asia and recommencement of gas supply by TAG to ICA under the Gas Contract.
No part of this announcement constitutes, or shall be taken to constitute, an invitation or inducement to invest in the Company or any other entity, and shareholders of the Company are cautioned not to place undue reliance on the forward-looking statements. Save as required by the Listing Rules and applicable law, the Company does not undertake to update or change any forward-looking statements to reflect events occurring after the date of this announcement.

Tethys Petroleum Limited
130 King Street West, Suite 1800
Toronto, Ontario
M5X 1E3
Canada

[benandemmiboo] 12/12/2016 08:14

A Dec 7 article in the Kazakhstan papers...

hxxp://www.time.kz/articles/skandal/2016/12/07/52688-visokoe-naprjazhenie

[benandemmiboo] 12/12/2016 00:42

The insider acquisitions refer to the Kumar acquisition; I was simply unfamiliar with the Jin Guang name. Perhaps just an oversight on my end; apologies...

[benandemmiboo] 12/12/2016 00:25

Lots of new insider buys on SEDAR. Jin Guan Ltd and PRAX among the names showing up.

[seroserio] 11/12/2016 19:43

Does he need to disillusion? I think the share price can take care of that. :-)

[parthus] 11/12/2016 18:00

He is a paid lackey to denigrate and disillusion. No point in addressing the board. Simples !

[gaaston] 11/12/2016 17:20

TI ~ I use some great stuff, from Boots, find it on the end counter

[hguess16] 11/12/2016 14:49

TI,
Tethys needs money to drill the shallow wells !. Hence " show me the money call " to the new investors !.
Hopefully, this week, we will get some positive news as to where the money comes from !.

[temporarily insane] 11/12/2016 13:47

I just want this bloody company to drill for some oil!


Oil and gas exploration company???????......hmmmmm.

[casual47] 11/12/2016 12:56

The new ALR shares are also part of the EGM resolutions so they won't be able to use them to vote with, at this EGM at least.

[temporarily insane] 09/12/2016 21:10

Interesting indeed. As usual everything with Tethys is just "interesting"... LOL

[1399peter] 09/12/2016 20:39

TI
Interesting limits on the TSX,

Open: 0.02
High: 0.02
Bid: 0.015
Bid Size: 2,525,000*
Beta: 1.667

Prev. Close: 0.02
Low: 0.02
Ask: 0.02
Ask Size: 17,000*
VWAP: 0.02

[temporarily insane] 09/12/2016 09:21

Well there you have it folks............13 months of nothings based on share price movement.

[casual47] 08/12/2016 19:47

Thx. Let's keep on them should the news just be e.g. about the court case / EGG.

It was a long list of questions and there should be plenty of them they can give answers to I think, eg what happened to delisting from TSX, can olisol technically still complete the deal and are they working towards that etc.

[temporarily insane] 08/12/2016 19:43

Meanwhile this is the longest the share price has achieved nothing.

Is there any reason to have a dual listing as there are no institutions left over on TSX.

[temporarily insane] 08/12/2016 19:40

Dorset64, thank you for keeping us up to date.