Tethys Petroleum Limited: Kazakh State Reserves Approved for Doris Oil Discovery
Tethys Petroleum Limited (TSE:TPL) reports that the company has received Kazakh State approved oil reserves for its Doris (AKD01) oil discovery in Kazakhstan.
Tethys Petroleum Limited (TSX:TPL) reports that the company has received Kazakh State approved oil reserves for its Doris (AKD01) oil discovery in Kazakhstan.
The press release is quoted as saying:
Tethys’ wholly owned subsidiary TethysAralGas LLP (“TAG”) has received approved oil reserves (in C1 and C2 categories) from the Kazakh State Reserve Committee (part of the State Committee for Geology) for the AKD01 (Doris) oil discovery. This is an important step forward with respect to the approval of TAG’s pilot production project for Doris which is currently under consideration by the Ministry of Oil and Gas with TAG expecting approval of this project by year end.