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| Corporate Profile |
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Tethys Petroleum Limited ("Tethys Petroleum", "Tethys" or the "Company") is an oil and gas exploration and production company currently focused on Central Asia with projects in Kazakhstan, Tajikistan and Uzbekistan. It is the only independent oil and gas company operating in all three Republics.
Tethys Petroleum is a public company with its primary listing on the main board of the Toronto Stock Exchange ("TSX") - the world's largest exchange for oil and gas companies and secondary listings on the main board of the London Stock Exchange (“LSE”) and the Kazakhstan Stock Exchange ("KASE") in Almaty.
Key highlights:
- Increasing production on the Doris oil exploration discovery in Kazakhstan which has tested at 6,800 barrels of oil per day
- Tethys and its partner are completing a new oil rail-loading terminal to transport Doris oil
- Four successful oil wells in Kazakhstan
- Active appraisal program to evaluate oilfield size
- Further exciting exploration prospects near to oil discovery
- Existing gas production in Kazakhstan
- 35,000 sq. km of high potential exploration acreage in Tajikistan in world class basin
- Oil Production in Tajikistan
- Oil production in Uzbekistan
- Opportunities to acquire additional projects within the Central Asian region
Tethys Petroleum derives its name from the Tethys Ocean, which covered Central Asia and surrounding areas some 250 million years ago. Many of the rocks, which were deposited in this ocean, now contain some of the world's largest oil and gas fields in Central Asia – Tethys Petroleum's focus area. Once the Tethys Ocean closed, it created the mountain chains of the Himalayas to the Alps. Today the only parts remaining of the Tethys Ocean are the Mediterranean Sea, the Black Sea and the Caspian Sea. The Tethys Ocean was named after the mythical Greek goddess Tethys, a Titaness and sea goddess who had 3,000 children, being mother of the chief rivers of the world. Tethys is also a moon of the planet Saturn.
Tethys Petroleum and its operations in Central Asia are close to the ancient "Silk Road", a trading route that has connected China and the West for almost 3,000 years. Tethys is engaged, through its subsidiaries, in the exploration for, and the acquisition, development and production of, oil and natural gas resources in Central Asia, currently in Kazakhstan, Tajikistan and Uzbekistan.
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