/KASE, August 9, 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 August 8, 2011:
quotation
Tethys Petroleum Limited (TSX: TPL)(LSE: TPL) today announced the opening
of its Doris oil production facilities in Kazakhstan.
Oil is currently being trucked from this location at a rate of approximately
1,500 barrels of oil per day ("bopd"), which will increase to 2-2,500 bopd
with the new production facilities. With the opening of the new rail-loading
facility in Q4 of this year, which will reduce the trucking distance by half,
it is planned to increase production to 4,000 bopd. The production facility
and terminal are designed for potentially much greater production rates
in the future.
ends
The press release full version is available on KASE website at:
-
http://www.kase.kz/files/emitters/GG_TPL_/gg_tpl_reliz_080811.pdf - in
Russian;
-
http://www.kase.kz/files/emitters/GG_TPL_/gg_tpl_reliz_080811_e.pdf - in
English.
[2011-08-09]