/KASE, May 23, 2022/ – 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 23, 2022:
quote
Grand Cayman, Cayman Islands - Tethys Petroleum Limited (TSXV: TPL)
("Tethys" or the "Company") announced that it has filed its Interim Results for
the three months ended March 31, 2022. 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.tethysgroup.com
Production update
The KBD-02, KBD-06, and KBD-07 wells are in their trial production phase and
are averaging about 350 tons per day. The KBD-03 well is in its 90 day
production period in the Aptian zone and is producing approximately 110 tons per
day using a 9 mm choke. On the KBD-08 well, the Company performed a
successful selective acid treatment in the Jurassic zone proving the existence
of an oil reservoir. Although the well did not flow naturally post acidizing
job, it may be produced by artificial lift techniques. The decision has been
made to isolate the Jurassic and re-complete the well in the upper zone,
Barremian, then perform production testing.
unquote
The full press release is available on KASE website:
-
https://kase.kz/files/emitters/KY_TPL_/ky_tpl__relizs_230522.pdf – in
Russian;
-
https://kase.kz/files/emitters/KY_TPL_/ky_tpl__relizs_230522_en.pdf – in
English.
[2022-05-23]