Vision & Strategy
Vision
Tethys Petroleum’s vision is to become a leading independent E&P company in Central Asia by exercising capital discipline, by generating cash flow from existing discoveries and by maturing large exploration prospects within our highly-attractive frontier acreage.
Strategy
- Complete testing of the newly drilled KBD-02 (“Klymene”) 2,750 m exploration well and obtain the necessary approvals to re-commence commercial oil production
- Secure funding required to meet capital expenditure plans to the extent that these cannot be funded from existing cash generation
- Drill new oil & gas wells to increase production levels and revenues and in particular, further develop the Kul-Bas exploration contract area which includes the successful KBD-02 exploration well