Public market insider buying at Tethys Petroleum (TPL)

Public market insider buying at Tethys Petroleum (V:TPL)

Mattias Sjoborg, CEO and Director, acquired 259,500 Common Shares on a direct ownership basis at a price of $0.400 on February 12th, 2019. This represents a $103,800 investment into the company's shares and an account share holdings change of 32.9%.

Tethys Petroleum is in the Oil & Gas Exploration and Production Sub Industry Group under the Energy Sector.

Tethys Petroleum Limited is an oil and gas exploration and production company focused on projects in Central Asia and the Caspian Region. The Company's principal activity is the acquisition of, and exploration and development of crude oil and natural gas fields. The Company operates through three segments: Kazakhstan, Tajikistan and Georgia. In Kazakhstan, the Company produces oil and gas from the Kyzyloi and Akkulka fields and undertakes exploration and evaluation activity in the Kul-bas field. In Tajikistan and Georgia, the Company undertakes exploration and evaluation activity. The Company also operates a corporate segment, which includes a range of drilling rigs, and related oil and gas equipment, which are utilized in Kazakhstan according to operational requirements. The Company owns interests in its Kazakh projects through TethysAralGas LLP (TAG) and Kul-Bas LLP (Kul-Bas). The property in Tajikistan includes Bokhtar PSC and properties in Georgia include XIA, XIM and XIN.