Tethys Petroleum Annual Results and Corporate Update
Rhea-AI Summary
Tethys Petroleum (OTC: TETHF) filed audited Annual Results for year ended Dec 31, 2025, including financial statements and MD&A, available on SEDAR+ and the company website.
Key figures: oil and gas sales $20.7M (up 83% vs 2024) and net profit $8.1M in 2025 versus a $19.1M loss in 2024. 2026 production averages provided for oil and gas fields; a gas utilization program for Kul Bas is approved through end-2026.
Positive
- Oil and gas sales +83% to $20.7M in 2025
- Net profit of $8.1M in 2025 versus $19.1M loss in 2024
- Oil production ~336 tons/day across KBD-02/06/07 in 2026
- Gas production ~231,000 m3/day from 21 wells in 2026
- Gas utilization program for Kul Bas approved through end-2026
Negative
- Absolute revenue still modest at $20.7M for 2025
- Company relies on a limited set of Kazakhstan fields
Grand Cayman, Cayman Islands--(Newsfile Corp. - April 30, 2026) - Tethys Petroleum Limited (TSXV: TPL) ("Tethys" or the "Company") today announced that it has filed its Annual Results for the year ended December 31, 2025 with the Canadian securities regulatory authorities comprising its Audited Financial Statements together with Management's Discussion and Analysis and other required forms. Copies of the filed documents may be obtained via SEDAR at www.sedarplus.ca or on Tethys' website at www.tethys-group.com.
Financial highlights
Oil and gas sales increased by
Operations update
Oil production from wells KBD-02, KBD-06, and KBD-07 has averaged approximately 336 tons per day in 2026 through yesterday.
Natural Gas production from the Kyzyloi and Akkulka Gas Fields is currently averaging about 231,000 m³ per day from 21 gas wells. The gas utilization program for Kul Bas until the end of 2026 has been approved by the Ministry of Energy working group.
About Tethys
Tethys is focused on oil and gas exploration and production activities in Central Asia and the Caspian Region. Tethys believes that significant potential exists in both exploration and in discovered deposits in the area.
Disclaimer
Some of the statements in this document are forward-looking. No part of this announcement constitutes, or shall be taken to constitute, an invitation or inducement to invest in the Company or any other entity and shareholders of the Company are cautioned not to place undue reliance on the forward-looking statements. Save as required by applicable law, the Company does not undertake to update or change any forward-looking statements to reflect events occurring after the date of this announcement.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contact Information:
| Tethys Petroleum | |
| Casey McCandless | |
| Chief Financial Officer | info@tethys-group.com |
| 901-763-4001 | www.tethys-group.com |
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/295371