/KASE, June 26, 13/ – Tethys Petroleum Limited (Channel Islands), whose ordinary
shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided
KASE with the following press-release of June 19, 2013:
quote
Tethys Petroleum Limited ("Tethys") (TSX:TPL)(LSE:TPL), the oil and gas
exploration and production company focused on Central Asia, today announced its
work programme in Kazakhstan for the second half of 2013.
Forward Work Programme:
- AKD08 ("Doto") Exploration well to spud in early August
- Further oil exploration wells planned after Doto results
- Testing programme on suspended oil wells
- Two gas well workovers planned
- Up to five new shallow gas wells to be drilled near the Akkulka Block
- Kalypso well to be stimulated and tested in Q3
- 2D Seismic planned and crew mobilising for the Kul-Bas Block
- 3D Seismic planned for the near future in the Akkulka Block
- Further seismic will help improve subsurface understanding in both Kul-Bas
and Akkulka to better focus the longer-term programme.
- Aral Oil Terminal ("AOT") expansion adds 12,500 barrels of storage capacity
- Total CAPEX for the programme estimated at approximately USD20.4 million.
unquote
The full press-release is available on KASE website, at:
-
http://www.kase.kz/files/emitters/GG_TPL_/gg_tpl_reliz_190613.pdf – in
Russian;
-
http://www.kase.kz/files/emitters/GG_TPL_/gg_tpl_reliz_190613_en.pdf – in
English.
[2013-06-26]