Tethys Petroleum Ltd., Guernsey, U.K., (TSX: TPL) reports its KUL03 well in Kazakhstan has reached a total depth of 2,579 feet with indications of gas presence. Tethys says there is no confirmation of commercial qualities.
Deep exploration well AKD01, also in Kazakhstan, is targeting oil and gas condensate and is expected to be spudded by the end of the year.
Production from Kyzyloi has been suspended while InterGas Central Asia performs maintenance on the Bukhara-Urals truck line north of Tethys' tie-in point. In the meantime, Tethys says it is repairing its own compressors on the gas line and has begun installing compression for the Akkulka Phase 2 development.
In Tajikistan, Tethys subsidiary Kulob Petroleum Ltd. has plans to acquire up to 621 miles of seismic from Kazakh Geophysical Co. The seismic will focus on existing discoveries and new exploration targets.
Workover operations are under way on the Komsomolsk gas field north of Dushanbe in Tajikistan. The first well in the program, KOM180, had an initial gas flow of 353 thousand cubic feet per day. Workover is also beginning on the Khoja Sartez gas condensate field.
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