12.08.2011, 15:30
Tethys Petroleum Opens Oil Production Facilities in Kazakhstan
OREANDA-NEWS. August 12, 2011. Tethys Petroleum Limited (TSX: TPL)(LSE: TPL) announced the opening of its Doris oil production facilities in Kazakhstan, reported the press-centre of KASE.
Oil is currently being trucked from this location at a rate of approximately 1,500 barrels of oil per day ("bopd"), which will increase to 2-2,500 bopd with the new production facilities. With the opening of the new rail-loading facility in Q4 of this year, which will reduce the trucking distance by half, it is planned to increase production to 4,000 bopd. The production facility and terminal are designed for potentially much greater production rates in the future.
Oil is currently being trucked from this location at a rate of approximately 1,500 barrels of oil per day ("bopd"), which will increase to 2-2,500 bopd with the new production facilities. With the opening of the new rail-loading facility in Q4 of this year, which will reduce the trucking distance by half, it is planned to increase production to 4,000 bopd. The production facility and terminal are designed for potentially much greater production rates in the future.
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