The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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( D ) Will not add to platform Canadian line as "volume is quite low and unstable" .
The chart shows 0.42 CAD on 21/12/2028 .
On the 11th February 2022 they topped at 1.13 CAD .
Now 0.75 CAD might turn out OK . ( broker has it 99% loss )
Looks like I bought them 21/4 /2017 in ( D ) around 9am and deal going through in two parts one at 1.35p then 1.33p.
21/12/2018 looks like a 1 for 10 consolation ,
And that is how many on portfolio today .
Looks like a div is coming .
Looks like a positive and trading can start up soon.
By December Olisol might be out the way exc shares and potentially ramp up production.
Fingers crossed!
"Tethys Petroleum Ltd.: Gas Drilling Program Update Grand Cayman, Cayman Islands--(Newsfile Corp. - January 11, 2018) - Tethys Petroleum Limited (TSX: TPL) ("Tethys" or the "Company") today announces an update of its gas drilling program. Tethys is pleased to announce that it has completed drilling seven new shallow gas wells out of the previously announced eight well program. Due to weather conditions, the eighth well is expected to be drilled in the spring of 2018. All seven wells were tested successfully for gas at a depth of between 470 and 550 meters. In addition to the new wells drilled, one existing well has been successfully worked over. By January 1, 2018 five wells, comprising one existing well and four new wells, had been tied in to the Company's existing pipelines and added to production. The other new wells, which are further from the Company's existing pipelines, are expected to be tied in during the spring of 2018. Three of the new wells will be on production for three months after which production is required to cease whilst the mandatory reserves evaluation and reporting process is carried out. There is also a need for repairs and parts replacement at the compressor station to increase capacity which the Company plans to do during 2018. Until these works are carried out the overall production increase from the new wells will be limited by existing compression capacity. Given the need to cease production from certain wells whilst reserves evaluation and reporting takes place and the need for compressor repair and replacement works, it is anticipated that optimum production levels from all the new wells will be achieved towards the end of 2018."
2,500 bopd, wowza
June 2, 2017 Tethys Petroleum Press Release Friday, June 2, 2017 - Oil Production Update - Successful Installation of ESP GRAND CAYMAN, CAYMAN ISLANDS--(Marketwired - June 2, 2017) - Tethys Petroleum Limited ("Tethys" or the "Company") (TSX:TPL) today announces that it has successfully completed the installation of an Electrical Submersible Pump ("ESP") in its main oil producing well, AKD-01. AKD-01 has been producing under natural pressure since first oil in September 2010 and to date has produced approximately three million barrels of oil. Production from AKD-01 has experienced a natural decline and was producing an average of approximately 700 bopd until the well was shut-in for the ESP to be installed. The ESP is intended to significantly increase oil production for the remaining life of the well and it is anticipated that initial production rates could be up to 2,500 bopd. The installation of the ESP is the first stage in the Company's 2017 plans to enhance oil and gas production from existing wells alongside the previously announced shallow gas well drilling programme.
Up 25% TODAY
...UK Tethys shares is the 28th of April 2017.
Financial report out today
Does all this good news mean the share price will sky rocket before the delisting?
http://web.tmxmoney.com/article.php?newsid=5325327289815108&qm_symbol=TPL Tethys Petroleum Press Release : Update on Gas Drilling program and Extension of Related Loan GRAND CAYMAN, CAYMAN ISLANDS--(Marketwired - March 29, 2017) - Tethys Petroleum Limited (TSX:TPL)(LSE:TPL) ("Tethys" or the "Company") today announces that Great Wall Drilling Company was the winner of a tender for a ten well shallow gas well drilling program. Tethys now has ten (10) days to sign a contract with Great Wall, the cost of which drilling is expected to be approximately $6 million USD. The Company will have until the end of 2018 fiscal year to pay these costs and expects to be able to pay from increased production. Following mobilization, the Company hopes to begin drilling on or about May 1, 2017. Additionally, the Company will work over three existing wells and tie in two wells drilled but not tied into production. This program is designed to add twelve (12) or more new wells to existing production. The Company also announces the signing of a lease contract with MSI to build and install a mini-compressor in Bozoi. Installation is expected during the July 2017 time period. This is new technology for Central Asia and is intended to enhance gas production prior to the new wells being tied in. After new production is tied in, then the mini-compressor will be used on older wells to extend the life of wells. While the Company will continue to reduce operational costs, our focus this year is increasing production of both oil and gas. Additionally, we will seek to enhance pricing. Until these goals can be achieved, Tethys will continue to experience a cash flow problem and a need for funding. The Company has received approval of the needed lenders to extend the $3.5 million loan that is secured by the drilling rigs of the Company by 18 months to August 2018. Additionally, the Company is in discussions with both Khan Energy and AGR Energy to extend the indebtedness owed to each of them which is currently due in March and June 2017 respectively.
Tethys Petroleum Press Release: Tethys Petroleum Limited to cancel listing in the United Kingdom Fri, 24th Mar 2017 07:00 March 24, 2017 Tethys Petroleum Press Release (TSX: TPL, LSE: TPL) Tethys Petroleum Limited to cancel listing in the United Kingdom GRAND CAYMAN, CAYMAN ISLANDS - Tethys Petroleum Limited ("Tethys" or the "Company") today announces that it has applied to the United Kingdom Listing Authority ("UKLA") to cancel the standard listing of the Company's ordinary shares (the "Shares") from the Official List of the UKLA and the cancellation of trading in the Shares on the Main Market of the London Stock Exchange (together, the "Cancellation"), following a determination by the Company that the costs of maintaining a dual listing on the London and Toronto stock exchanges is unnecessarily expensive for a company of Tethys' size. Following the Cancellation, the Shares will continue to trade on the Toronto Stock Exchange which should provide shareholders with liquidity and places sufficient corporate governance requirements upon the Company. Further, the Company's conclusion, that the London listing be cancelled, is supported by the limited trading and liquidity of the Shares on the London Stock Exchange (meaning that limited benefit is brought by that listing). Pursuant to Listing Rule 5.2.8, the Company announces that the cancellation notice period has now commenced and cancellation is expected to take effect at 7:00 am on Tuesday 2 May, 2017. The Company currently has two share registers, a register maintained by Capita Asset Services in the UK and a register maintained by TSX Trust Company in Canada. It is the Company's intention to transfer the shareholdings on the Capita Asset Services register to the TSX Trust Company register following the Cancellation which should result in further cost savings for the Company. Those shareholders affected will be contacted about this with further details in due course.
someone spent 4p on shares here. must be positive news on route haha
Hopeful to see 3p before weekend. This is building up nicely for a big Boom.
Can t complain.
February 10, 2017 Tethys Petroleum Press Release (TSX: TPL, LSE: TPL) Announcement from Olisol Petroleum Limited GRAND CAYMAN, CAYMAN ISLANDS - Tethys Petroleum Limited ("Tethys" or the "Company") acknowledges the public announcement by Olisol Petroleum Limited on February 9, 2017 regarding the validity of Tethys Extraordinary General Meeting ("EGM") held on January 27, 2017. The Tethys Board would like to inform shareholders and other interested parties that the Management Information Circular dated December 22, 2016 mailed to shareholders did contain all material information required for shareholders to make an informed decision at the EGM and the EGM was conducted in accordance with proper procedure under applicable laws as well as the Company's Articles of Association. Prior to the EGM, Tethys and each of its Kazakhstan subsidiaries commenced legal action against Olisol Investments Limited, Olisol Petroleum Limited and certain of their respective principals and/or affiliates in the Court of Queen's Bench of Alberta seeking, among other things, damages arising from failure to meet contractual obligations under an Investment Agreement between the parties on October 27, 2016 and damages arising from unlawful interference with Tethys' business activities, including issuing erroneous press release information about Tethys as alleged. Tethys intends to enforce its rights and legitimate interests to the fullest extent permitted by law, to protect its investors, assets, investments, management and employees.
Ironic as they always answer when i phone., Very negative statement of yours canuck. One has to questions your motives, obviously.
good luck!! I have tried and tried e-mailing and they NEVER answer, contacted by phone and I am told " nobody available to answer your question right now, we will call you back" .....nobody does
And the clowns are releasing the RNS's all tonight after close of play...
So, I sent them an email (info@tethys...) at 9.05 this morning GMT and they never responded yet it sounds like this is how they found out... If all those RNS's drop on Monday it could be interesting, I don't look in on this board very often and if I hadn't this morning I would never have known their accounts had been released in KZ. I'm sure there's a lot of people who missed this...
"Thank you for contacting the company. The RNS issue was brought to my attention this morning and was due to a technical issue with our distribution partners. This issue should now be resolved going forward and missed filings should be populated by Monday morning. In the meantime, please see the company website or visit SEDAR for up-to-date releases. Kind regards" Could this have an impact on next Mondays share price?
Has the company given any reason why none of the last 3 news pieces have been released via RNS in the UK?
are falling in bit by bit.