exploration reserves production
Ir production tablet map 40658a461906b55903872f3c0a92ff279fb21ea0738c2bda2e9b6fce1cf3a46b


Tethys Petroleum Limited is focused on oil and gas exploration and production activities in Central Asia and the Caspian Region. This highly prolific oil and gas area is rapidly developing and Tethys believes that significant potential exists in both exploration and in discovered deposits.

Key highlights:

  • Strong reserves, production and cashflow
    • Current production in excess of 5,000 boepd, (60% gas, 40% oil) from 100% operating interest in shallow gas fields in Kazakhstan with plans to grow this in 2015
    • 2P reserves of 27.08 MM boe and 1.3 billion barrels of prospective resources
  • World class acreage position - 47,000km2 across Kazakhstan, Tajikistan and Georgia
  • Exciting high impact exploration upside from:
    • Klymene oil prospect targeting a significant accumulation of oil
    • Bokhtar PSC - targeting prospective resources of 114TCF
  • Ideally placed to benefit from gas exports to China, with gas pipeline to drive demand and pricing
  • Strong partnership with supermajors Total and CNPC in Tajikistan
  • Excellent track record of success – 13 successful consecutive gas wells
  • Balanced strategy with a focus on cash discipline to deliver shareholder value