Tethys Petroleum Ltd Claims Made Against Tethys Employees in Kazakhstan Dismissed
15 Novembre 2016 - 11:35AM
UK Regulatory
TIDMTPL
Claims Made Against Tethys Employees in Kazakhstan Dismissed
FOR: TETHYS PETROLEUM LIMITED
TSX, LSE SYMBOL: TPL
November 15, 2016
Claims Made Against Tethys Employees in Kazakhstan Dismissed
GRAND CAYMAN, CAYMAN ISLANDS--(Marketwired - Nov. 15, 2016) - Tethys Petroleum Limited (TSX:TPL)(LSE:TPL)
("Tethys" or the "Company") is pleased to announce that the previously announced claims against employees of the
Company's wholly owned subsidiary Tethys Aral Gas LLP ("TAG") in Kazakhstan have been dismissed. Tethys wishes to
acknowledge the assistance of the Office of the Almaty City Prosecutor in quickly reviewing the claims and
dismissing the case.
Computers and documents taken during the investigation have been returned to the Company. The Company continues to
work to have the Court imposed freezing order over TAG's bank accounts lifted and restore normal business
operations as soon as possible.
About Tethys
Tethys is focused on oil and gas exploration and production activities in Central Asia and the Caspian Region.
This highly prolific oil and gas area is rapidly developing and Tethys believes that significant potential exists
in both exploration and in discovered deposits.
Disclaimer
Some of the statements in this document are forward-looking. Forward-looking statements include statements
regarding the intent, belief and current expectations of the Company or its officers with respect to the potential
that exists in both exploration and in discovered deposits in Central Asia and the Caspian Region. When used in
this document, the words "expects," "believes," "anticipates," "plans," "may," "will," "should" and similar
expressions, and the negatives thereof, are intended to identify forward-looking statements. Such statements are
not promises or guarantees, and are subject to risks and uncertainties that could cause actual outcomes to differ
materially from those suggested by any such statements including risks and uncertainties with respect to the
potential that exists in both exploration and in discovered deposits in Central Asia.
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 the Listing Rules and 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.
FOR FURTHER INFORMATION PLEASE CONTACT:
Tethys Petroleum
info@tethyspetroleum.com
www.tethyspetroleum.com
Tethys Petroleum Limited
(END) Dow Jones Newswires
November 15, 2016 05:35 ET (10:35 GMT)
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