Tethys Petroleum Limited (United Kingdom) reports on oil transportation and sale in Kazakhstan

11.01.12 12:38
/KASE, January 11, 12/ - Tethys Petroleum Limited (Channel Islands), whose common shares are officially listed at Kazakhstan Stock Exchange (KASE), has provided KASE with the following press-release of December 30, 2011: quote Tethys Petroleum Limited ("Tethys" or the "Company") (TSX: TPL)(LSE: TPL) today provided an update on oil transportation and sales in Kazakhstan. Due to extremely adverse winter weather conditions, part of the road along which the oil is trucked has been temporarily closed by the Kazakh authorities. This is the northern section of the route from Shalkar to Emba, which passes through the Mugodzhar Hills, a highland area more prone to snow drifts. It is expected that trucking to Emba will resume once the weather conditions improve which is forecast to be soon. To date December oil production loaded to trucks has averaged 1,860 barrels of oil per day ("bopd"). unquote The full press-release is available on KASE website, at http://www.kase.kz/files/emitters/GG_TPL_/gg_tpl_reliz_301211.pdf [2012-01-11]