Wednesday, November 17, 2010 11:39:53 AM
DUSHANBE, TAJIKISTAN, Nov. 17, 2010 (Marketwire) -- Tethys Petroleum Limited ("Tethys" or the "Company") (TSX:TPL) today issued the following statement regarding the KOM201 exploration well in Tajikistan.
The Jurassic interval in the East Komsomolsk KOM201 well in Tajikistan is currently being flow tested. Gas is currently flowing from the well with a stable gas flare at the wellsite which is located in the northern suburbs of the Tajik capital city of Dushanbe. No definitive data is available at present and it is anticipated that it will take at least one month to complete testing operations and be in a position to issue definitive results. However given the urban location of the well and the visibility to the general public the Company feels it necessary to make the above statement.
Tethys is focused on oil and gas exploration and production activities in Central Asia with activities currently in the Republics of Tajikistan, Kazakhstan and Uzbekistan. This highly prolific oil and gas area is rapidly developing and Tethys believes that significant potential exists in both exploration and in discovered deposits.
FEATURED POET Announces Design Win and Collaboration with Foxconn Interconnect Technology for High-speed AI Systems • May 14, 2024 10:09 AM
FEATURED Element79 Gold Corp Reports Exceptionally High-Grade Results from Lucero • May 14, 2024 7:00 AM
VAYK Added New Manager for Expansion into $64 Billion Domestic Short-term Rental Market • VAYK • May 14, 2024 9:00 AM
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM