Tethys Petroleum receives two-year licence extension for Kul-Bas

    Tethys Petroleum late last week announced it had received an exploration licence extension for another two years until November 2015 for its Kazakh Kul-Bas contract area. The area includes the Akkulka block with several of Tethys’ oil and gas producing fields and the KBD01 (Kalypso) exploration well, which is planned...