Report summaryTethys Petroleum's Kazakh acreage is located in a remote area of the North Ustyurt basin, to the northwest of the Aral Sea. It contains several oil and gas fields at various stages of development, plus the Akkulkov and Greater Akkulkov (Kul-Bas) exploration areas. Tethys Petroleum brought the Kiziloi and Akkulkov gas fields onstream in 2007 and 2010 respectively, to generate early cash flow and production experience. Historically, the gas price received has been low. However, contracts ...
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