Tethys Petroleum Presents Q2 Production Results
OREANDA-NEWS. August 25, 2010. Tethys Petroleum Limited ("Tethys" or the "Company") (TSX: TPL) announced its Second quarter Results for the period ended June 30, 2010. The Second quarter Results together with a Management Discussion & Analysis have been filed with the Canadian securities regulatory authorities. Copies of the filed documents may be obtained via SEDAR at www.sedar.com or on Tethys' website at www.tethyspetroleum.com. The summary financial statements are attached to this press release, reported the press-centre of KASE.
- Production revenues for the quarter from Kazakhstan and Uzbekistan sales totaled some US6.03 m compared to USD2.8 m for the same period in 2009.
- The company recorded a net loss before taxation of USD1.89 m in the quarter ended June 30, 2010 compared to a net loss of USD5.59 m in the same period of Y2009.
- Capital expenditure in the three months of June 30, 2010 was USD7.31 compared to USD4.78 m in the same period of Y2009.
- Production expenses in the quarter were USD1.94 m compared to USD0.96 m in the same period of Y2009.
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