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Last 8.88 GBp
Change Today 0.00 / 0.00%
Volume 30.0K
TPL On Other Exchanges
As of 6:00 AM 07/3/15 All times are local (Market data is delayed by at least 15 minutes).

tethys petroleum ltd (TPL) Snapshot

8.88 GBp
Previous Close
8.88 GBp
Day High
8.88 GBp
Day Low
8.88 GBp
52 Week High
07/8/14 - 22.75 GBp
52 Week Low
04/10/15 - 2.88 GBp
Market Cap
Average Volume 10 Days
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Dividend Yield
Current Stock Chart for TETHYS PETROLEUM LTD (TPL)

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tethys petroleum ltd (TPL) Details

Tethys Petroleum Limited explores, develops, and produces oil and natural gas resources in Kazakhstan, Tajikistan, and Georgia. It holds 100% interests in the Kyzyloi and Akkulka proven shallow gas fields; the Doris and Dione proven oil fields; and the Kul-Bas exploration and production contract. The company also owns a 28.33% economic interest in the Bokhtar production sharing contract covering an area of 35,984 square kilometers located in the south-west of the Tajikistan. The company was formerly known as Tethys Petroleum Investments Limited and changed its name to Tethys Petroleum Limited in September 2006. Tethys Petroleum Limited was incorporated in 2003 and is based in St. Peter Port, the Channel Islands.

419 Employees
Last Reported Date: 03/31/15
Founded in 2003

tethys petroleum ltd (TPL) Top Compensated Officers

Chief Executive Officer and Chief Commercial ...
Total Annual Compensation: $432.7K
Chief Financial Officer and Finance Director
Total Annual Compensation: $325.8K
Chief Operating Officer
Total Annual Compensation: $305.0K
Vice President of Exploration
Total Annual Compensation: $305.0K
Compensation as of Fiscal Year 2014.

tethys petroleum ltd (TPL) Key Developments

Tethys Petroleum Limited Announces Amendments to the Articles of Association; Announces Board Changes

Tethys Petroleum Limited at its AGM held on June 11, 2015, approved the Amendments to the company's articles of association. The company also announced the appointment by the Board of Adeola Ogunsemi as new independent non-executive director of the company to fill the vacancy left by Marcus Rhodes on the Audit Committee. Such appointment will take effect from June 11, 2015. Adeola Ogunsemi is the Chief Financial Officer of Oando Energy Resources. He was with BP America for five years, rising to become Assistant Controller.

Tethys Provides Update On Strategic Review

As part of the ongoing strategic review, Tethys Petroleum Limited (TSX:TPL) remains in an exclusivity period with AGR Energy Limited No. 1 to negotiate a potential larger financing. The exclusivity period runs through to June 12, 2015 and is subject to certain customary exceptions.

Tethys Petroleum Limited Reports Unaudited Consolidated Earnings and Operating Results for the Six Months Ended March 31, 2015

Tethys Petroleum Limited reported unaudited consolidated earnings and operating results for the six months ended March 31, 2015. For the period, the company reported sales and other revenues of USD 5.95 million compared to USD 6.78 million a year ago. Loss before taxation from continuing operations was USD 1.58 million compared to USD 5.73 million a year ago. Loss for the period from continuing operations was USD 2.03 million compared to USD 4.41 million a year ago. Loss and total comprehensive income attributable to shareholders was USD 2.07 million compared to USD 4.85 million a year ago. Loss per share attributable to shareholders from continuing operations was USD 0.01 per basic and diluted share compared to USD 0.01 per basic and diluted share a year ago. Net cash used in operating activities was USD 1.47 million compared to USD 4.31 million a year ago. Expenditure on exploration and evaluation assets was USD 1.21 million compared to USD 3.22 million a year ago. Expenditures on property, plant and equipment was USD 0.74 million compared to USD 4.05 million a year ago. For the quarter, gas production was up 57% to 3,173 barrels of oil equivalent/day compared to 2,016 BOE/day in 2014. Total production was up 9% to 4,368 BOE/day compared to 4,025 BOE/day in 2014.


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