Tethys Petroleum Limited provides interim operating results for first quarter of 2021

14.05.21 10:20
/KASE, May 14, 2021/ – Tethys Petroleum Limited (Cayman Islands), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release dated May 13, 2021: quote Tethys Petroleum Limited ("Tethys" or the "Company") today announced that it has filed its Interim Results for the three months ended March 31, 2021. The full Interim Results together with Management's Discussion and Analysis have been filed with the Canadian securities regulatory authorities. Copies of the filed documents may be obtained via SEDAR at www.sedar.com or on Tethys' website at www.tethys-group.com Operations update Tethys is in the process of drilling KBD-03 and at last report was at a depth of 400 meters. In addition, Tethys will drill another well (KBD-06) offset to KBD-02. The rig/equipment for drilling KBD-06 has been delivered to the drill site and drilling is scheduled to begin on May 15th. Tethys drilled AKD-12 in 2020 and is now moving forward with testing the well. The logs indicated three potential zones for testing for gas production. The test is expected to be completed by the end of May. The Company is continuing to work toward getting additional financing from a line of credit from a Kazakhstan bank and/or from presales of oil. unquote The full press release is available on KASE website: - https://kase.kz/files/emitters/KY_TPL_/ky_tpl__reliz_130521_1.pdf - in Russian; - https://kase.kz/files/emitters/KY_TPL_/ky_tpl__reliz_130521_eng_1.pdf – in English. [2021-05-14]