/KASE, November 9, 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 November 9, 2021:
quote
Grand Cayman, Cayman Islands - Tethys Petroleum Limited (TSXV: TPL)
("Tethys" or the "Company") is pleased to provide a corporate update.
"Kul-Bas" LLP, a subsidiary company of Tethys obtained all the approvals to
operate under the pilot license program at the Kul-Bas field. This approval
allows for approximately 180,000 tons of oil to be produced prior to the
expiration of the pilot license in December, 2022.
The pilot license allows for a maximum of 57,450 tons of oil to be produced
under the license in 2021. This pilot license will include three wells during
this period (KBD-02, KBD-06 and KBD-07). A previously announced sale of 38,000
tons has been completed with current deliveries being made against that
contract.
unquote
The full version of the press release is available on KASE website:
-
https://kase.kz/files/emitters/KY_TPL_/ky_tpl__reliz_091121_1.pdf – in
Russian;
-
https://kase.kz/files/emitters/KY_TPL_/ky_tpl__reliz_091121_eng_1.pdf – in
English.
[2021-11-09]