Tethys Share Discussion Threads

[dorset64] 15/11/2017 10:10

casual4715 Nov '17 - 01:32 - 16229 of 16234

.....TPL continues to chug along and lives to fight another day.

AGR and Cayman lenders have still not agreed to restructuring.

For PIs nothing (yet) to get hopes up about.
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casual, make sure you take out your laces today or don't go near any bridges FFS!! I reckon you judge the success of a year by the number of funerals you can attend!!


These results are actually the most upbeat news from TPL in an age, and all you can do is to slam them, yet again.

You AGAIN, as you have been for the past months/years, mentioned the AGR & Cayman loans and try as always to put a negative spin on then as theres nothing in there about restructuring them, how about looking on the other side of the fence and thinking hey, this looks quite good as neither have AGR or Cayman loans been called in, and in turn they are still happy to sit with us.

To me this looks to be a word from the board that actually we have proven that Olisol, despite all of their tactics, CANNOT stop us from our daily work and we are continuing regardless. They have stuck 2 fingers up to Olisol by not simply giving up as it would appear you would had long ago, but have carried on and will, in their mind, have their time again in the courts.

[1399peter] 15/11/2017 09:20

Hguess

what's your take on Klymene,

Obviously we all had a good idea Taj was a non runner but now it's official

•Total assets reduced by 20% to USD149.1 million as a result of the loss for the period and a full impairment of the Tajikistan asset taken in December 2016.

Re-listing on TSXV which is AIM basically.

Still got a mountain to climb by the looks of things

[hguess16] 15/11/2017 08:36

Loss per share for 9 months is 0.01 in 2017 compared to 0.04 for 2016.
While challenges lie ahead specifically related to Oilysol and its EGG, the situation has been improved significantly through increased output since new management effectively took
control in Nov 2016.

[parthus] 15/11/2017 06:36

Hguess16

Thank you

[hguess16] 15/11/2017 06:05

parthus,
Go to www.sedar.com/search and search for Tethys petroleum.

[casual47] 15/11/2017 01:32

Cash left at end of September: 186k (1.8m same period 2016)

Taj arbitration due to start 13th November.

TPL continues to chug along and lives to fight another day.

AGR and Cayman lenders have still not agreed to restructuring.

For PIs nothing (yet) to get hopes up about.

[parthus] 15/11/2017 00:24

Where can I find the Q3 results please. I already looked on the company website..

[hguess16] 14/11/2017 22:34

The ESP installation has certainly given a boost to oil production.
Although there has been a decline in gas output and lower prices, the new gas wells drilling programme looks promising for higher output levels though prices are lower.
Despite the difficulties caused by Olisol/EGG, " the Company continues to produce and deliver oil and gas without interuption".
This is positive news !.

[1399peter] 14/11/2017 22:32

•On November 14, 2017, the Company signed agreements to sell its two drilling rigs and related equipment. The sale proceeds are due to be paid prior to delivery of the rigs to the buyer and will be applied in first priority to immediately repay the related rig loans in full, ahead of the contractual loan maturity dates. Completion of the sale is anticipated to take place in December.

So can we safely assume Klymene is being farmed out, or are Great Wall going to do the honours there to

[cowls] 14/11/2017 21:53

Wrighty46 agree, best results for a few years, light at the end of the tunnel - sort out Olisol and things could turn around fast. Fingers crossed

[wrighty46] 14/11/2017 21:46

Cowls, some very good stuff in there. Probably the most positive results we've had for a couple of years. Legal problems really frustrating but not looking too bad for next year. Hopefully get through until then. GLA

[wrighty46] 14/11/2017 21:27

Are things actually looking up for a change. Still breathing. GLA

[cowls] 14/11/2017 21:27

Q3 results out - some positive notes in there.

[hguess16] 10/11/2017 16:57

The Q2 results noted "The ESP installed in early June has produced up to 2,483
bopd although some downtime due to generator issues meant it was not on production consistently throughout June".
Hopefully the generator issues have been resolved by now.
It is also possible that info on this ESP performance is being held back for
"Duck EGG" reasons.

[brad44] 09/11/2017 09:21

yes its just flown past mine too and done a somersault

[pollster] 09/11/2017 08:42

I just saw a pig fly past my window

[1399peter] 08/11/2017 20:02

Also be good to start earning some money our of our investment, imagine that!!

[temporarily insane] 08/11/2017 18:11

Thank you.


Just be good to get on with drilling for some oil for once rather than paperwork.