Tethys offices in Kazakhstan raided
The offices of Tethys Petroleum in Kazakhstan have been raided amid allegations of theft.
Tethys
Tethys Petroleum’s legal woes rumble on
Tethys Petroleum has filed a counterclaim against Total and CNPC in International Court of Arbitration.
Tethys Petroleum warns of risk without investment
Tethys Petroleum has warned it does not have sufficient funding to meet its requirements beyond the next few months.
AGR Energy cranks up financial pressure on Tethys Petroleum
AGR Energy is set to throw down the financial gauntlet to Tethys Petroleum.
Tethys Petroleum produces more than 9,000 barrels per day from Oman block
Tethys Oil said it produced more than 9,000 barrels per day from its onshore blocks in Oman last month. The company said its share of production before government take from blocks three and four amounted to 295,502 barrels of oil in total.
Tethys Petroleum calls on investment group to correct “inaccurate statements”
Tethys Petroleum has called on investment group Olisol to publically correct what it calls inaccurate statements over its licence in Tajikistan.
Tethys shareholder blocks takeover bid
Nostrum Oil & Gas’ takeover of Tethys Petroleum came to a grinding halt, after a last minute shareholder block.
Nostrum profits nosedive on back of oil slump
Reduced production and a tumbling oil price have hit Nostrum Oil and Gas profits in the first half of 2015.
Tethys makes u-turn on Nostrum offer
Tethys Petroleum said it has been approached with a renewed offer from Nostrum Oil & Gas. The move follows the announcement that a $47.7million financing with AGR Energy holdings and related clawback of shares by Pope Asset Management will now not proceed. The latest potential offer from Nostrum Oil & Gas has been made for the entire issued and to be issued share capital of Tethys.
Tethys Petroleum sale of Kazakh assets to no longer proceed
Tethys Petroleum said a planned sale of assets in Kazakhstan will no longer proceed. The company had planned a prposed divestment to a Chinese buyer, SinoHan. The move was made after the country's ministry of energy had failed to approve the transaction before a deadline which had been set by the potential buyer.