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Tethys Petroleum

Description

Tethys Petroleum Limited is an oil and gas exploration and production company currently focused on Central Asia and the Caspian Region with projects in Kazakhstan, Tajikistan and Georgia. Tethys Petroleum has a diversified portfolio of assets including existing oil and gas production, frontier high impact exploration and unconventional resources. Tethys is a public company with its primary listing on the main board of the Toronto Stock Exchange (TSX) - the world's largest exchange for oil and gas companies, and a secondary listing on the main board of the London Stock Exchange (LSE).

Reserves

In March 2021, Tethys received a resource report and reserves assessment from McDaniel on the Klymene field. Their summary of mean reserves is estimated to be approximately 94.8 million barrels of crude oil with a P90 low estimate of approximately 35.8 million barrels and a P10 high estimate of approximately 174 million barrels.

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