Tethys Petroleum Limited (United Kingdom) updates on well AKD06 (Doris) in Kazakhstan

27.09.11 17:22
/KASE, September 27, 11/ - Tethys Petroleum Limited (Channel Islands), whose common shares are officially listed at Kazakhstan Stock Exchange (KASE), has provided to KASE the following press-release of September 26, 2011: quote Tethys Petroleum Limited ("Tethys" or the "Company") (TSX: TPL)(LSE: TPL) today gave an update on the initial results of the AKD06 Doris appraisal well in Kazakhstan. Drilling data and wireline logs indicate oil in both the Cretaceous sandstone and Jurassic limestone reservoirs. The Cretaceous sandstone has been encountered above prognosis and at a higher elevation than in the AKD01 Doris discovery well and is of good quality with similar net pay thickness to AKD01, which flowed over 5,400 barrels of oil per day from this unit. The Jurassic limestone has also been encountered above prognosis and slightly higher than in the AKD01 well and has similar character to the recently drilled AKD05 well which flowed over 1,500 barrels of oil per day from this zone. Further analysis of these initial data is currently underway. unquote The full press-release is available on KASE website, at http://www.kase.kz/files/emitters/GG_TPL_/gg_tpl_reliz_260911.pdf [2011-09-27]