/KASE, May 21, 12/ - Tethys Petroleum Limited (Channel Islands), whose common shares are officially listed at Kazakhstan Stock Exchange (KASE), has provided KASE with the following press-release of May 15, 2012:

quote

Tethys Petroleum Limited ("Tethys" or "the Company") (TSX: TPL)(LSE: TPL) today announced its first quarter 2012 financial results. The results are underlined by a 45% increase in revenues over the first quarter of last year.

The Company reports financial results in accordance with International Financial Reporting Standards ("IFRS").

RECENT HIGHLIGHTS

• Q1 2012 Total Revenue was USD$6.49 million (Q1 2011: USD$4.48 million)
• Q1 2012 average oil and gas production was 5,117 barrels of oil equivalent per day (Q1 2011: 4,531 barrels of oil equivalent per day)
• Q1 2012 average oil production from the Doris field in Kazakhstan was 1,038 barrels of oil per day (Q1 2011; 337 barrels of oil per day)
• Q1 2012 average gas production was 566 Mcm/d (Q1 2011: 511 Mcm/d).

unquote

The full press-release is available on KASE website, at see more

[2012-05-21]