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Tethys is focused on oil and gas exploration and production activities in Central Asia with activities currently in the Republic of Kazakhstan and more recently the Republic of Tajikistan. 

 

This highly prolific oil and gas area is rapidly developing and Tethys believes that significant potential exists in both exploration and in discovered deposits. This fits the Tethys strategy to seek out large exploration acreage in relatively under-explored basins that offer large potential upside, combined with proven oil and gas projects that offer early cash flow.  In Kazakhstan its current development and exploration assets are located close to the Aral Sea in western Kazakhstan adjacent to the prolific Pre-Caspian basin. In Tajikistan Tethys is currently negotiating a Production Sharing Contract for the Kulob Area in the south-west of the country.

Tethys' objective is to build a diversified oil and gas exploration and production company, initially focussed on Kazakhstan and central Asia, with a mixture of high potential exploration plays for longer term upside and asset growth, coupled with short-term cash flow generative projects.