/KASE, August 4, 11/ - Tethys Petroleum Limited (Channel Islands), common
shares of which are officially listed on Kazakhstan Stock Exchange (KASE),
provided to KASE the following press release of July 26, 2011:
quotation
Tethys Petroleum Limited ("Tethys" or the "Company" (TSX: TPL)(LSE: TPL)
today announced that following acidisation its AKD05 Doris appraisal well
in Kazakhstan has flowed some 2,088 barrels of fluid per day, of which 1,568
barrels per day was good quality (45 degrees API) oil. The well flowed with
good surface pressures and the flow was limited by the surface facilities.
Flow data indicate that the well would be capable of flowing around 3,000
barrels per day with reconfiguration of the production facilities.
The well is producing from the same Upper Jurassic carbonate sequence,
which was also productive in the AKD01 Doris discovery well. Following
reconfiguration of the surface facilities the well will be placed on
long-term test production. The well is already tied into the Doris oil
production facilities and the oil will be trucked for sale along with
oil from the AKD01 well.
ends
The press release full version is available on KASE website at:
-
http://www.kase.kz/files/emitters/GG_TPL_/gg_tpl_reliz_260711.pdf - in
Russian;
-
http://www.kase.kz/files/emitters/GG_TPL_/gg_tpl_reliz_260711_e.pdf - in
English.
[2011-08-04]