Tethys announces 2Q2012 results

    Tethys Petroleum announced its 2Q2012 results.     The company posted a revenue of US$10.2m, 26% below Visor Capital’s estimate and a net loss of US$4.9m, a third larger than our estimated of US$3.6m. Average quarterly production of oil at Doris amounted to 2,927bopd. The company’s cash position stood at a slim...