Fernan_10
06 May 2015
Re: Question bout the Taijik project Ok thanks.I like the Taijik prospects. They are in a proven oil and gas basin, with multibillon barrels potential. The problem is how TPL is going to get to the drilling stage there without any significant dilution of its interest.Just my oppinionFernan
Ripley94
06 May 2015
Re: RNS - Deal is off QueensGood job i didn't panic and take you advise its now recover'd all and more of yesterdays 30% fall.
SuperBobTaylor
06 May 2015
Re: Question bout the Taijik project Long time since I was invested here but from memory the total cost is ~$60m. However TPL are carried such that the first well will cost them just $9M. Shame they don't even have that.SBT
Fernan_10
05 May 2015
Question bout the Taijik project Dir Sirs:is there any info available about the estimated cost to drill a well in Tethy´s project in Taijikistan?Since it´s going to be a deep pre-salt well, I assume it wont be cheap.Thanks in advanceFernan
Kuznetsov
05 May 2015
Re: RNS - Deal is off Anyone have any idea what/who the influencers most likely were behind the Ministry refusal of deal approval?Kuz
Ripley94
05 May 2015
Re: Over the pond 30% fall looks like another complete loser.
Queensgambit
05 May 2015
RNS - Deal is off don't think the market is going to like this one and they are now stuck for cash and said they need funding
bertie20
02 May 2015
Re: Over the pond Are you sure about that."Current Financial PositionAlthough the Company has significantly reduced its cost base and secured additional loan financing, the Company will need to secure additional funding in order to meet its full contractual obligations and maintain a positive cash position throughout the next twelve months. There can be no assurances that such additional funding will be secured or that management will be able to implement one or more of the strategic initiatives being explored by the Company.These circumstances indicate the existence of a material uncertainty related to events or conditions that may cast significant doubt about the Company's ability to continue as a going concern."Can't wait to see what happens on Tuesday.Bertie.
mantrova
01 May 2015
Over the pond Nice rises on the TSX for the past 2-3days.....seems as though they are more up to speed over there.m
gmoney237
16 Apr 2015
Kazak Deal Sign off close Guys I bring Good news. The company has now been re listed on the Kazahkstan Stock exchange. That was the last major hurdle for completion of the SinoHan deal. Matter of Time now. Fingers crossed we can close the deal by 1 May! [link] Ordinary shares BE6277042758 (BE_TETH) of S.A TETHYS KAZAKHSTAN (Belgium) underwent listing on KASE by second category /KASE, April 16, 15/ – Following a decision of Kazakhstan Stock Exchange (KASE) Listing Commission dated April 15, 2015 ordinary shares BE6277042758 of S.A TETHYS KAZAKHSTAN (Belgium) have been included in the second category of KASE official list. The Listing Commission decision's effective date will be announced additionally after the issuer fulfills terms set in item 1 of Article 18 of KASE internal document "Listing Rules". Opening of KASE-based trading in these shares will also be announced additionally. The number of authorized ordinary shares of S.A TETHYS KAZAKHSTAN makes 100,001 piece. BCC Invest – subsidiary organization of Bank CenterCredit JSC (Almaty) is the financial advisor of S.A TETHYS KAZAKHSTAN. The registrar of S.A TETHYS KAZAKHSTAN is Vistra Corporate Services (Belgium). The said shares have been assigned abbreviation (trade code) BE_TETH. Main activities of S.A TETHYS KAZAKHSTAN – include exploration, development and production of crude oil and natural gas in Kazakhstan. More details of the said shares issue will be published on KASE website once the Listing Commission's decision becomes effective. [2015-04-16]
coldascheese
15 Apr 2015
Re: RNS Well price moving up a bit today-if they get the ok anyone have a clue what the share price could get to.Seems to me that as co valued about £11 million today if-cash comes in- at nearly 4 times that , one would think means something like 5 times the price-20p? or 0 p if it doesn'tAnyone a clue ?
Elinesterado
13 Apr 2015
Re: RNS You're right not to like it, not least because its a statement of the obvious. If there is a play going on here in the shadows and Tethys are being walked out, then new opportunities to take on their role and prospects would be of great interest to Sino / Russian organisations - not least in also acquiring an existing exploitation structure at possible fire-sale prices?It would also benefit the Kazakhs financially as Tethys licenses would be revoked and re-issued.Let's hope not and it is just central Asian bureaucracy.
M33 Investor
12 Apr 2015
Re: China, Kazakhstan sign $23 Bn in deals Kazakhstan appear to be playing Russia off with China and it may be bad for relations if K don't approve the TPL sale. It all depends on whether Putin is exerting pressure or the delay is government inefficiencies. With China funding a pipeline it's not surprising they are interested in gas supplies and I suspect Sino will extend the deadline again to allow politics to be resolved.
Mars_2050
11 Apr 2015
China, Kazakhstan sign $23 Bn in deals China, Kazakhstan Sign $23 Billion in DealsChina expands its economic ties with an important partner for its Silk Road Economic Belt project.March 28, 2015[link] China and Russia are warring for influence in Kazakhstan, as Arthur Guschin argued in a recent piece, then China just upped the ante. With Kazakh Prime Minister Karim Masimov in China in advance of the Boao Forum, he and Chinese Premier Li Keqiang oversaw the signing of 33 deals worth a whopping $23.6 billion.According to Xinhua, the deals include projects in the “steel, non-ferrous metals, sheet glass, oil refining, hydropower and automobile” industries. Li praised the deals as a sign of the complementary nature of the Chinese and Kazakh economies.During his meeting with Masimov, Chinese President Xi Jinping called for the countries to enhance cooperation on the Silk Road Economic Belt, a Chinese initiative to create a vast trade network linked East, Central, and South Asia to the Middle East and Europe. To entice potential partners, China is offering funding for infrastructure development through both the newly-created Asian Infrastructure Investment Bank and the separate Silk Road Fund. Together, those two initiatives will eventually provide $140 billion in funding for infrastructure projects.Kazakhstan has its own plan for building up infrastructure and jump-starting the economy, dubbed “Bright Road” in a November 2014 speech by President Nursultan Nazarbayev. The new policy is in part driven by the need to decrease economic reliance on Russia, particularly as the Russian economy suffers under Western sanctions.Xi was quick to point out how complementary the “Bright Road” project is with the Silk Road Economic Belt. Indeed, both projects place a major emphasis on infrastructure development, a sector where Chinese companies are particularly active. Nazarbayev pledged last year that Kazakhstan would fund $3 billion worth of infrastructure projects each year for up to three years.As the deals signed today indicate, however, China-Kazakhstan economic cooperation is not limited to infrastructure projects. Chinese companies are making a bid to become the driving force in Kazakhstan’s industrialization; Beijing is encouraging Chinese firms (particularly those based in neighboring Xinjiang) to invest in Kazakhstan. Meanwhile, Kazakhstan’s government also plans to devote $477 million to joint projects with China, particularly the trans-border free trade zone centered on Xinjiang’s Khorgos city.For China, increased economic cooperation with Kazakhstan (and other countries along the Silk Road Economic Belt) is seen as the key to promoting economic development in Xinjiang. Beijing believes increased economic opportunities in its far western province will lead to increased stability in a region frequently rocked by violence. At the same time, China is eager to access natural resources in Kazakhstan and beyond.
Mars_2050
11 Apr 2015
China, Russia to influence Kazakhstan China, Russia and the Tussle for Influence in KazakhstanThe two powers are pursuing competing interests in Central Asia.Arthur Guschin March 23, 2015[link] recently, Central Asia played only a modest role in world politics, a reflection of its economic weakness, domestic problems, and distrust of integration. Russia’s presence in the region as the primary political mediator and economic partner was incontestable. In the last few years, though, China’s growing economic interest in Central Asia has come to be seen in Moscow as a threat to its influence. Russia is watching closely the Silk Road Economic Belt initiative, which would give Beijing the dominant role and could supplant the Eurasian Economic Union. With Kazakhstan the core state in any integration project in the region, it looks set to become the frontlines of the tussle between China and Russia for regional influence.Russian InterestsDriving Russian policy in Kazakhstan are the activities of four major Russian energy companies: Gazprom, Lukoil, Transneft and Rosneft. These companies allow Moscow to keep Astana within the sphere of Russian interests and help prevent Beijing from dominating Kazakhstan’s economy. Their participation in local energy projects gives Russia access to oil and gas reserves, while binding the two countries in the energy, transport, space and agriculture sectors.The basis of the partnership rests on agreements covering petroleum contracts and energy supplies transiting through Kazakhstani and Russian territory to European or Chinese markets. Currently, the leading Russian investor in Kazakhstan is Lukoil, which operates seven projects and has a stake in the cross-country pipeline Caspian Pipeline Consortium (CPC). In 2013, 32.7 million tons of oil was pumped through the pipeline, 28.7 million tons of it exported from Kazakhstan.Since January 1, 2014, Rosneft has been able to transport 7 million tons of oil each year via the Priirtyshsk-Atasu-Alashankou route under an intergovernmental agreement on sending Russian oil to China via Kazakhstan, which was inked at a meeting of the Supreme Eurasian Economic Council on December 24, 2013. Russian authorities have stated that the transported amount can be increased to 10 million tons. This will allow Moscow to expand long-term economic cooperation with Astana and guarantee the latter additional budget revenues of 54.6 million dollars as a transit charge. Moreover, the agreement extended the Atasu-Alashankou pipeline capacity from 12 to 20 million tons of oil per year.The third important pipeline of Russia and Kazakhstan is the Atyrau-Samara route, which transfers Kazakh oil to Russia and then on to Europe. In 2013, 15.4 million tons of oil was transported via this route.Finally, Russian and Kazakhstan use a maritime route in the Caspian Sea between Aktau and Makhachkala to deliver 2.7 million tons of oil.This stable energy partnership is also evident in the gas sector. Two crucial gas pipelines – Central Asia-Center and Bukhara-Ural – that run through Kazakhstan territory let Gazprom expand its resource portfolio and guarantee an uninterrupted gas supply abroad. Gazprom’s ambitions also encompass field development and joint ventures. Thus, KazMunayGaz and Gazprom established LLP KazRosGas with a 50/50 stake in 2002 to consolidate efforts across a number of new projects.As a result of Russian investment over the last fifteen years, Moscow has developed a robust position in Kazakhstan fuel and energy, and guaranteed a consistent transit of energy resources. The participation of Russian companies in strategic energy sectors force Astana to consider Moscow’s interests and policies. Cooperation between Russia and Kazakhstan in promising fields and the potential construction of the Pre-Caspian gas pipeline form a future cooperation vector that means new investment for Kazakhstan
