Public market insider buying at Tethys Petroleum (TPL)

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

William Paul Wells, CEO, Director and 10% Holder, acquired 145,000 Common Shares on a control or direction basis for registered holder Pope Asset Management, LLC at prices ranging from $0.841 to $0.856 between April 27th, 2022 and May 3rd, 2022. This represents a $123,322 investment into the company's shares and an account share holdings change of 0.4%.

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

Tethys Petroleum Limited is engaged in the oil and gas exploration and production company. It operates through its wholly owned subsidiaries, TethysAralGas LLP and Kul-Bas LLP, over four contracts in the North Ustyurt basin to the west of the Aral Sea adjacent to the prolific Pre-Caspian basin. It has an interest in the Kyzyloi production contract, Akkulka exploration license and contract, Akkulka production contract and Kul-Bas exploration and production contract. The Kul-Bas exploration and production contract area surrounds the Akkulka block, which has an exploration area of approximately 7,632 square kilometers. The Kyzyloi and Akkulka gas development fields are tied into the Bukhara-Urals gas pipeline by an over 56-kilometer pipeline owned and built by the Company. The Doris oil field provides over two oil-bearing zones, the lower zone being an Upper Jurassic carbonate sequence at approximately 2,355 meters and an upper, lower cretaceous sandstone zone at over 2,174 meters.