/KASE, 01.07.10/ -Tethys Petroleum Limited (Channel Islands), common shares of which are listed in Kazakhstan Stock Exchange (KASE), provided to KASE the following press release of June 30, 2010:

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Tethys Petroleum Limited ("Tethys" or the "Company") (TSX: TPL) today announced that its wholly owned Kazakh subsidiary, TethysAralGaz LLP ("TAG"), has received permission from the Ministry of Oil & Gas of the Republic of Kazakhstan ("MOG") to extend the Akkulka Exploration Contract (the "Contract") for another two years, from March 10, 2011 to March 10, 2013 (subject to certain routine amendments to the Contract). The MOG have extended the Contract to enable detailed appraisal of the commercial discovery of oil at AKD01 ("Doris") along with further exploration in the Contract area.

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the press release is available on KASE website at:

• see more - in Russian;
• see more - in English.

[2010-07-01]