Tethys Petroleum Corporate Update
Tethys Petroleum (TSXV: TPL) has secured an Ecology permit for oil production at Kulbas, valid through December 31, 2024. The company is preparing to initiate production from wells KBD #2 and KBD #6, with KBD #7 connection commissioning scheduled for December 1, 2024. The 2025 Ecology permit application is under review, while the gas flaring permit for 2025 has been obtained.
Tethys Petroleum (TSXV: TPL) ha ottenuto un permesso ecologico per la produzione di petrolio a Kulbas, valido fino al 31 dicembre 2024. L'azienda si sta preparando ad avviare la produzione dai pozzi KBD #2 e KBD #6, con la connessione di KBD #7 prevista per il 1° dicembre 2024. La domanda per il permesso ecologico 2025 è attualmente in fase di revisione, mentre il permesso per la combustione del gas per il 2025 è stato ottenuto.
Tethys Petroleum (TSXV: TPL) ha obtenido un permiso ecológico para la producción de petróleo en Kulbas, válido hasta el 31 de diciembre de 2024. La compañía se está preparando para iniciar la producción de los pozos KBD #2 y KBD #6, con la conexión de KBD #7 programada para el 1 de diciembre de 2024. La solicitud del permiso ecológico para 2025 está en revisión, mientras que se ha obtenido el permiso para la quema de gas para 2025.
Tethys Petroleum (TSXV: TPL)은 Kulbas에서 2024년 12월 31일까지 유효한 생태허가를 확보했습니다. 이 회사는 KBD #2 및 KBD #6 유정에서 생산을 시작할 준비를 하고 있으며, KBD #7 연결 시운전은 2024년 12월 1일로 예정되어 있습니다. 2025년 생태허가 신청은 검토 중이며, 2025년 가스 연소 허가는 획득되었습니다.
Tethys Petroleum (TSXV: TPL) a obtenu un permis écologique pour la production de pétrole à Kulbas, valable jusqu'au 31 décembre 2024. L'entreprise se prépare à lancer la production des puits KBD #2 et KBD #6, avec la mise en service de la connexion du KBD #7 prévue pour le 1er décembre 2024. La demande de permis écologique pour 2025 est en cours d'examen, tandis que le permis de torchage de gaz pour 2025 a été obtenu.
Tethys Petroleum (TSXV: TPL) hat eine Ökologiegenehmigung für die Ölproduktion in Kulbas erhalten, die bis zum 31. Dezember 2024 gültig ist. Das Unternehmen bereitet sich darauf vor, die Produktion aus den Bohrlöchern KBD #2 und KBD #6 zu starten, wobei die Inbetriebnahme der Verbindung von KBD #7 für den 1. Dezember 2024 geplant ist. Der Antrag auf eine Ökologiegenehmigung für 2025 wird derzeit überprüft, während die Genehmigung für das Abfackeln von Gas für 2025 bereits erhalten wurde.
- Received Ecology permit for oil production at Kulbas through December 2024
- Obtained gas flaring permit for 2025
- Imminent production start from multiple wells (KBD #2, #6, #7)
- Current Ecology permit expires December 31, 2024
- 2025 Ecology permit still pending approval
Grand Cayman, Cayman Islands--(Newsfile Corp. - November 18, 2024) - Tethys Petroleum Limited (TSXV: TPL) ("Tethys" or the "Company") is pleased to announce that it has received the Ecology permit for oil production at Kulbas. This permit is valid through December 31, 2024. The company is in the process of commissioning the facilities to start production from KBD #2 and KBD #6 as soon as possible. The commissioning with the connection to KBD#7 is scheduled to be started on December 1, 2024. The Ecology permit application for 2025 is currently under review by the Ecology department. The permit for the gas flaring for 2025 has already been received.
About Tethys
Tethys is focused on oil and gas exploration and production activities in Central Asia and the Caspian Region.
Disclaimer
Some of the statements in this document are forward-looking. No part of this announcement constitutes, or shall be taken to constitute, an invitation or inducement to invest in the Company or any other entity and shareholders of the Company are cautioned not to place undue reliance on the forward-looking statements. Save as required by applicable law, the Company does not undertake to update or change any forward-looking statements to reflect events occurring after the date of this announcement.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contact Information:
Tethys Petroleum
Casey McCandless
Chief Financial Officer
901-763-4001
info@tethys-group.com
www.tethys-group.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/230504
FAQ
When did Tethys Petroleum (TSXV: TPL) receive its Kulbas oil production Ecology permit?
Which wells is Tethys Petroleum (TSXV: TPL) commissioning at Kulbas?
What permits has Tethys Petroleum (TSXV: TPL) secured for 2025 operations?
