Extracts...

Extracts from:

http://www.energy-pedia.com/article.aspx?articleid=141050
Tethys Petroleum has announced that its wholly owned Kazakh subsidiary, TethysAralGaz, has received permission from the Ministry of Oil & Gas of the Republic of Kazakhstan (MOG) to extend the Akkulka Exploration Contract for another two years, from March 10 2011 to March 10 2013

The MOG are keen to see us fully appraise our commercial oil discovery and we believe the granting of the extension is a further illustration that the Kazakh authorities encourage and assist oil and gas companies that have fulfilled their obligations and also have demonstrated progress. We look forward to continued success!'

The AKD01 well Cretaceous sandstone zone flowed dry oil at a rate of 5,436 bopd. This rate was limited due to downhole and surface equipment restrictions. The well test data indicated that a rate of at least double initial flow rates could be achieved on an unrestricted test. The oil was a 37 degree API light sweet crude.

Tethys is focused on oil and gas exploration and production activities in Central Asia with activities currently in the Republics of Kazakhstan, Tajikistan and Uzbekistan. This highly prolific oil and gas area is rapidly developing and Tethys believes that significant potential exists in both exploration and in discovered deposits.

Now, 5,436 bopd not a bad flow rateand it could be at least double!!

And, in Kazakhstan where GO wont go lol.