Tethys Petroleum Ltd. (TETHF)

[gsfl]

Proactive Investors (2/9/12) "Tethys Petroleum Ltd. expects to mobilize a rig to drill a deep well in Tajikistan before the end of the year. . .it has put out a tender to find a group to complete the final seismic program at the Bokhtar production sharing contract (PSC). . .the company now owns 85% of the Tethys PSC acreage after it recently bought an additional 34% interest from its partner in the project. The Bokhtar PSC covers an area of around 35,000-sq.-km in the Afghan Tajik basin west of the Pamir mountains and the firm said its strategy to drill the first deep exploration well below the regional salt layer is firmly on track."