Tethys Petroleum: Results of Annual General Meeting
Grand Cayman, Cayman Islands--(Newsfile Corp. - November 30, 2018) - Tethys Petroleum Limited (TSXV: TPL.H) ("Tethys" or the "Company") today announces the results of the Annual General Meeting ("AGM") held on November 28, 2018.The following resolutions put to shareholders at the AGM were passed on a poll at the meeting:Share Consolidation;Receipt of Financial Statements and Auditor's Report - non-voting resolution;Election of Directors
2018-11-30 6:00 AM EST
Tethys Petroleum: Annual General Meeting Details
Grand Cayman, Cayman Islands--(Newsfile Corp. - November 26, 2018) - Tethys Petroleum Limited (TSXV: TPL.H) ("Tethys" or the "Company") today announces that its Annual General Meeting ("AGM") will be held at Hilton Istanbul Bosphorus, Cumhuriyet Caddesi, Istanbul, 34367, Turkey on Wednesday, November 28, 2018 at 1:00pm (local time in Istanbul) in the 9th Floor "Faith" Meeting Room.About TethysTethys is focused on oil and gas exploration and production activities in Central Asia and the Caspian Region. This highly prolific oil and...
2018-11-26 5:19 AM EST
Tethys Petroleum Limited: Annual General Meeting Change
Grand Cayman, Cayman Islands--(Newsfile Corp. - November 23, 2018) - Tethys Petroleum Limited (TSXV: TPL.H) ("Tethys" or the "Company") today announces that due to logistical reasons, the Company has considered it necessary to move the location and date of its upcoming Annual General Meeting ("AGM"). Accordingly, the AGM will no longer be held in Astana, Kazakhstan on November 28, 2018.An alternative date and location for the AGM will be announced shortly. This is likely to be Monday 3, December...
2018-11-23 5:06 PM EST
Tethys Receives a Further US$1.5 million for Warrants
Grand Cayman, Cayman Islands--(Newsfile Corp. - October 31, 2018) - - Tethys Petroleum Limited (TSXV: TPL.H) ("Tethys" or the "Company") today announces that Jaka Partners FZC has exercised the 48,075,000 share purchase warrants purchased from Global Invest Service Capital, a company owned by Askar Yessenov, as previously announced on October 1, 2018. The exercise price of US$0.031 per ordinary share represents a premium of 72% compared to the weighted average trading price of the Company's shares since September 19, 2018 when...
2018-10-31 5:20 AM EDT
Tethys Petroleum Announces Corporate Update
Grand Cayman, Cayman Islands--(Newsfile Corp. - October 15, 2018) - Tethys Petroleum Limited (TSXV: TPL.H) ("Tethys" or the "Company") today announces that it is now selling oil and gas at significantly improved prices and is making positive progress in other areas.Oil and gas prices and productionOil and gas have been sold at significantly improved prices in September compared with the average price reported by Tethys for the first six months of 2018. This has proven possible following the fulfillment...
2018-10-15 8:59 AM EDT
Tethys Receives US$1.5 million for Warrants
Grand Cayman, Cayman Islands--(Newsfile Corp. - September 21, 2018) - Tethys Petroleum Limited (TSXV: TPL.H) ("Tethys" or the "Company") today announces that pursuant to the previously announced private placements with Jaka Partners FZC and Gemini IT Consultants DMCC (each, an "Investor" and together, the "Investors") each Investor has exercised all of the 31,738,506 share purchase warrants held by them at the price of US$0.0233840 per ordinary share. Each Investor now owns approximately 9.99% of the ordinary shares of the enlarged share capital...
2018-09-21 4:32 AM EDT
Tethys Petroleum: Cease Trade Order Revoked
Grand Cayman, Cayman Islands--(Newsfile Corp. - September 10, 2018) - Tethys Petroleum Limited (TSXV: TPL.H) ("Tethys" or the "Company") today announced that on September 7, 2018 the Company's principal regulator, the Alberta Securities Commission, issued a Revocation Order in respect of its previously issued Cease Trade Order ("CTO") which has been in place since June 29, 2018. This follows Tethys bringing its filings with Canadian regulatory authorities up to date. Trading in Tethys ordinary shares is expected to recommence shortly.About...
2018-09-10 7:31 AM EDT
Tethys Petroleum: Completion of Private Placements
Grand Cayman, Cayman Islands--(Newsfile Corp. - September 6, 2018) - Tethys Petroleum Limited (TSXV: TPL.H) ("Tethys" or the "Company") today announces that it has completed the previously announced private placements ("Placements") with Jaka Partners FZC and Gemini IT Consultants DMCC (each, an "Investor" and together, the "Investors"). The key commercial terms of the Placements are summarized below. The Investors have each acquired 31,758,506 ordinary shares of Tethys which results in each Investor individually acquiring approximately 6.25% of the currently issued...
2018-09-06 12:40 PM EDT
Tethys Petroleum: Interim Results
Grand Cayman, Cayman Islands--(Newsfile Corp. - September 5, 2018) - Tethys Petroleum Limited (TSXV: TPL.H) ("Tethys" or the "Company") today announced that it has filed its Interim Results for the three months ended March 31, 2018 and for the six months ended June 30, 2018. The full Interim Results together with Management's Discussion and Analysis have been filed with the Canadian securities regulatory authorities. Copies of the filed documents may be obtained via SEDAR at www.sedar.com or on Tethys'...
2018-09-05 2:27 PM EDT
Tethys Petroleum: 2017 Annual Results
Grand Cayman, Cayman Islands--(Newsfile Corp. - August 31, 2018) - Tethys Petroleum Limited (TSXV: TPL.H) ("Tethys" or the "Company") today announced that it has filed its Annual Results for the year ended December 31, 2017. The full Annual Results together with Management's Discussion and Analysis and Annual Information Form have been filed with the Canadian securities regulatory authorities. Copies of the filed documents may be obtained via SEDAR at www.sedar.com or on Tethys' website at www.tethys-group.com. The Company anticipates filing...
2018-08-31 5:48 AM EDT
Agreements to Acquire Shares in Tethys Petroleum and Oil & Gas License Extensions
Grand Cayman, Cayman Islands--(Newsfile Corp. - July 18, 2018) - Tethys Petroleum Limited (TSXV: TPL.H) ("Tethys" or the "Company") today announces that it has signed binding agreements with private investors, Jaka Partners FZC and Gemini IT Consultants DMCC (each, an "Investor" and together, the "Investors") to acquire ordinary shares in the Company (together, the "Share Acquisition Agreements"). The key commercial terms of the Share Acquisition Agreements are summarized below. The Share Acquisition Agreements are subject to, among other things, receipt...
2018-07-18 12:03 PM EDT
Tethys Petroleum Announces Change of CEO
Grand Cayman, Cayman Islands--(Newsfile Corp. - July 9, 2018) - The Board of Directors of Tethys Petroleum Limited (TSXV: TPL.H) ("Tethys" or the "Company") today announces that Mr. Sam Barrows, Interim Chief Executive Officer ("CEO"), has decided to step down with immediate effect. The Board wishes to express its appreciation to Mr. Barrows for his excellent contribution to Tethys, during which time the group increased its oil price by 84% and streamlined its group cost structure substantially.The board also announces...
2018-07-09 7:40 AM EDT
Tethys Cease Trade Order and Revocation of MCTO
Grand Cayman, Cayman Islands--(Newsfile Corp. - July 2, 2018) - Tethys Petroleum Limited (TSXV: TPL.H) ("Tethys" or the "Company") today announces that on June 29, 2018 the Alberta Securities Commission ("ASC") issued a Cease Trade Order against the Company and revoked the previously issued Management Cease Trade Order ("MCTO"). Accordingly, Tethys securities have been halted from trading.The Cease Trade Order was issued because the Company has not yet filed its audited financial statements, CEO and CFO certifications, and management discussion...
2018-07-02 11:44 AM EDT
Tethys Provides MCTO Status Report
Grand Cayman, Cayman Islands--(Newsfile Corp. - June 27, 2018) - Tethys Petroleum Limited (TSXV: TPL.H) ("Tethys" or the "Company") is providing an update on the status of the Management Cease Trade Order ("MCTO").On March 29, 2018, the Company disseminated a News Release disclosing that it had voluntarily applied to the Alberta Securities Commission (the "ASC") for a MCTO as it was not able to complete and file its audited financial statements, CEO and CFO certifications, and management discussion & analysis...
2018-06-27 8:31 AM EDT
Tethys Petroleum Ltd.: Update on Kazakhstan Loan
Grand Cayman, Cayman Islands--(Newsfile Corp. - April 20, 2018) - Tethys Petroleum Limited (TSXV: TPL.H) ("Tethys" or the "Company") today announces that its Kazakhstan subsidiary, Tethys Aral Gas LLP ("TAG"), has received notification from Special Financial Company DSFK LLP ("DSFK") relating to a loan originally provided to Eurasia Gas Group LLP ("EGG") by Bank RBK JSC ("RBK") in 2012. Also in 2012, TAG pledged certain of its oil and gas assets as collateral for the RBK loan to EGG including...
2018-04-20 4:37 PM EDT
Tethys Appoints New CEO
Grand Cayman, Cayman Islands--(Newsfile Corp. - April 3, 2018) - Tethys Petroleum Limited (TSXV: TPL.H) ("Tethys" or the "Company") today announces that it has appointed Samuel Barrows as Interim Chief Executive Officer ("CEO") based in Aktobe, Kazakhstan.Mr. Barrows has over thirty years of experience in the energy industry including fifteen years in the United States and over fifteen years internationally in the Former Soviet Union and Europe. He was formerly Director of Marketing and Business Development at Max Petroleum PLC...
2018-04-03 4:05 PM EDT
Tethys Petroleum Limited Announces Management Cease Trade Order
Grand Cayman, Cayman Islands--(Newsfile Corp. - March 29, 2018) - Tethys Petroleum Limited (TSXV: TPL.H) ("Tethys" or the "Company") today announces that, as a result of certain financial and operational challenges that the Company has experienced over the past several months and as a result of the Company devoting significant management resources to rectifying these challenges, the Company will not be filing its annual financial statements, the related management's discussion and analysis or the accompanying chief executive officer and chief financia
2018-03-29 7:57 AM EDT
Tethys Petroleum Ltd.: Management Change
Grand Cayman, Cayman Islands--(Newsfile Corp. - March 12, 2018) - The Board of Directors of Tethys Petroleum Limited (TSX: TPL) ("Tethys" or the "Company") today announces that Mr. Kenneth May, Chief Executive Officer ("CEO"), is stepping down with immediate effect. The Board intends to announce a replacement for Mr. May as CEO in the near future. The Board's focus will be on having a Kazakhstan-based CEO where the Company's primary oil and gas operations are located.The Board wishes to express...
2018-03-12 5:56 PM EDT
Tethys Petroleum Ltd.: Change of Management
Grand Cayman, Cayman Islands--(Newsfile Corp. - March 12, 2018) - Tethys Petroleum Limited (TSX: TPL) ("Tethys" or the "Company") today announces that Clive Oliver, Chief Financial Officer and Corporate Secretary of the Company has tendered his resignation which took effect from close of business on March 9, 2018.Mr. Oliver has worked for Tethys since August 2013 and is leaving to pursue new opportunities. The Board would like to express its gratitude to him for his strong contribution and steadfast support...
2018-03-12 5:54 PM EDT
Tethys Petroleum Ltd.: Republic of Kazakhstan Supreme Court Dismisses EGG Claims
Grand Cayman, Cayman Islands--(Newsfile Corp. - February 20, 2018) - Tethys Petroleum Limited (TSX: TPL) ("Tethys" or the "Company") today announces that following a hearing on February 14, 2018, the Republic of Kazakhstan Supreme Court ("Supreme Court") has ruled to dismiss the claims made by Eurasia Gas Group LLP ("EGG") against the Company's Kazakhstan subsidiary, Tethys Aral Gas LLP ("TAG") and to cancel the earlier rulings by the Almaty City Specialized Inter-district Court on May 23, 2017 and the Almaty...
2018-02-20 4:05 PM EST