Tethys Share Discussion Threads

[dr3dd] 23/10/2024 20:11

Oct 23, 2024 1:51 PM 1.10 0.917% 100 TSXV Virtu ITG Canada Corp CIBC World Markets Inc.



Apologies..........it is only 0.917% 😆

[dr3dd] 23/10/2024 19:58

Up 917%...........322;

[1399peter] 22/10/2024 13:14

I've been buying more when I can. But would like to repeat that I will be selling up if we're not at ca$10 by Friday 😂

[rogsim] 22/10/2024 12:16

I'm still holding and thanks to you DrR3dd for all your anger over the years that has acted as a proxy for my own feelings.

[dr3dd] 22/10/2024 12:11

Any longtermers actually sold any of their stock right before the fun is about to happen?????

[dr3dd] 22/10/2024 12:10

Hopefully RBC will be buying again, no doubt after the 9.30 sell as standard, just to keep us on our toes.

I am feeling the most confident I have been in a long time about the near term and long term future of this company.

Onwards and upwards....it has only been nearly 10 years but hey who is counting........8513;

[dr3dd] 21/10/2024 19:22

Oh and it helps if everybody is on the same side!!!!!!!!!!!!!!!!!!!

[dr3dd] 21/10/2024 18:48

A good day today, hopefully people can see the truth at last.

[dr3dd] 21/10/2024 15:11

Although it does make a mockery when a small amount of shares were bought in Feb 21 at 0.70CAD through until March 4 2024 1.71CAD on no news or anything.

[dr3dd] 21/10/2024 15:01

Cheers fbrj.

Now that is a bit better.

Probably because everybody who wanted the millions of shares has finally got them and the shenanigans can now stop and a normal non corrupt market can start. About time too.

[fbrj] 21/10/2024 13:40

Current spread 91/99 (10 mins after market open 21 Oct)

[1399peter] 20/10/2024 11:15

A sustained rise in the share price You'd like to think it's possible. But we do have a few plates spinning still and at least 3 to 4 weeks to wait for the final pieces to slot into place. Will people be scrambling for the last few remaining shares now or will they wait to see if things actually do happen as intended.

[dr3dd] 20/10/2024 10:33

Could we see a rise in the share price seeing as the news release was a lot better than we are used to seeing?

[j4ckster] 19/10/2024 11:14

Good news, still keeping my fingers crossed thou🤞

[1399peter] 19/10/2024 10:37

Onwards and upwards. Very welcome news and a big relief.

[bahamasoil] 19/10/2024 07:49

Thank you tor the update.
Very welcome news.

[cutliff2] 18/10/2024 22:40

A move from the present exchange would be most welcome 🤞

[tankerton] 18/10/2024 22:22

With rising revenues, a move up from this Mickey Mouse exchange will become compelling, as will the resumption of dividends.

[dr3dd] 18/10/2024 22:02

We have waited for a very very very long time for times like this

[tankerton] 18/10/2024 21:59

The signing of the production licence will allow for the export of oil. Not only will that do wonders for revenues and the share price but will also make them a prime takeover target.
Interesting times ahead.

[dr3dd] 18/10/2024 21:57

SO GOOD YOU HAVE TO READ IT AGAIN............




ORIGINAL: Tethys Petroleum Provides Corporate Update

2024-10-18 17:19 ET - News Release


Grand Cayman, Cayman Islands--(Newsfile Corp. - October 18, 2024) - Tethys Petroleum Limited (TSXV: TPL) ("Tethys" or the "Company") is pleased to announce that it has today received formal approval of the protocol necessary to advance its oil production activities in Kazakhstan. This represents a significant regulatory milestone for the Company.

Regulatory update

With the protocol approval received today, the Company will file for a gas flaring permit early next week, which is expected to be approved within two working days. Following this, Tethys will pursue the required ecological permit, the final regulatory step before starting the main oil production. The Company anticipates receiving the ecological permit by mid-November 2024, allowing production to commence from wells KBD #2, KBD #6, and KBD #7. Initial production will likely take place within the preparatory period, during which production levels cannot exceed those established during the prior pilot oil production phase. During the preparatory period, production from these three wells is expected to reach a daily rate of approximately 400-500 tons. The Company will continue to actively engage with the Ministry of Energy to expedite the signing of the Production Contract, which will extend the Kul Bas oil field's production period until July 2048 and allow the Company to export oil. This application has been made but the timing in its approval is uncertain.

Operations update

Test production from the exploratory wells KBD-10 and KBD-11 resumed on April 8, 2024, following the expiration of the exploratory period on October 16, 2023. It has totaled approximately 33,050 tons to date. Currently, only KBD-11 is producing from the Upper Barremian, as the acid job in KBD-10 targeting the Lower Jurassic zone was unsuccessful. Management isn't certain whether the lack of production from the Jurassic zone on KBD-10 was due to geology or mechanical issues from the well.

The oil handling and gas utilization facilities are almost complete and the Company expects to have them in place and operational when the ecological permit is received.

About Tethys

Tethys is focused on oil and gas exploration and production activities in Central Asia and the Caspian Region.

Disclaimer

Some of the statements in this document are forward-looking. 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 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.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information:

Tethys Petroleum
Casey McCandless
Chief Financial Officer
901-763-4001
[e-mail]
www.tethys-group.com

[cutliff2] 18/10/2024 21:51

Thanks for that Dr3dd.
They do like a Friday release.
Better but still not getting the champagne out the fridge just yet.
Price is anyones guess on Monday as it never performs as you expect