Tethys Petroleum Limited (TPL.V)
Tethys Petroleum Limited operates in the Oil & Gas Exploration & Production industry of the Energy sector, headquartered in Grand Cayman, GT, KY. The stock last traded at $1.29, up 12.17% on the session, giving a market capitalisation of $148.2M. Its beta of -0.49 implies it has historically moved less than the broad market.
Tethys Petroleum Limited is an energy company primarily engaged in the acquisition, exploration, and development of oil and natural gas resources within Kazakhstan. The firm maintains complete ownership (a 100% working interest) across multiple critical assets. These include the Kyzyloi production contract, spanning 449 square kilometers; the Akkulka exploration license and associated contract, encompassing 827 square kilometers; the Akkulka production contract, covering 396 square kilometers; and the substantial Kul-Bas exploration and production agreement, which extends over 7,632 square kilometers, all situated in Kazakhstan. The entity was established in 2003 and changed its name from Tethys Petroleum Investments Limited to its current designation, Tethys Petroleum Limited, in September 2006. Its corporate headquarters are located in Grand Cayman, Cayman Islands.
Tethys Petroleum Limited is most often compared with the following Energy names: