VISION & STRATEGY
Tethys Petroleum's Vision is to become the leading Independent E&P Company in Central Asia, by exercising capital discipline, by generating cash flow from existing discoveries and by maturing large exploration prospects within our highly-attractive frontier acreage.
The Company's strategy is to create shareholder value by building on the strengths of its management team to establish and grow an oil and gas exploration and production company focused on Central Asia in areas with substantial oil and gas potential with a mix of short-term cash flow and upside potential.
Our Strategy is to
Be recognised as an ethically-responsible, transparent company, delivering safe, reliable, operations through a culture of safety & performance related delivery. Focus on cost structures and capital efficiency - Actively manage our portfolio by farming down / reducing our capital commitment whilst retaining materiality
Increase production, revenue and cash flow from existing discovered reserves and monetize low risk gas and oil prospects.
Explore for ‘elephant’ prospects with ‘company making’ potential within existing acreage.
Ultimately look to supply the growing energy demand of China.
Combine international technical and management expertise with a strong local team
The Company's strength is in securing dominant acreage positions in areas with large exploration upside that have historically been underexplored and where the Company can build a significant presence.
An initial strategy is to use a dual approach of exploiting existing discoveries for immediate cash flow while exploring for large upside allowing for each project to be financially underpinned while working towards finding and developing such potentially "company making" upside.
The Company's approach as an independent differentiates it from majors by seeking out niche positions in the resource sector. It maximizes use of local personnel and specialists to build a highly motivated professional team to grow and develop the business. By taking on smaller projects as part of an initial country entry, the Company can enter with low costs and thereafter demonstrate its capabilities to then obtain larger opportunities in-country.
The Company has acquired and uses its own drilling equipment, which is invaluable for remote projects offering cost savings and flexibility.
The Company's management has operated in the former Soviet Union for more than 15 years and is able to utilise existing contacts and capabilities to capitalize on new opportunities in niche technical and business areas throughout the region leveraging on a proven track record of success.