Tethys Petroleum (TSE:TPL) has released an update.
Tethys Petroleum Limited, an oil and gas company operating in Kazakhstan, has announced the receipt of a test oil production permit for wells KBD-10 and KBD-11, with production slated to begin shortly. Meanwhile, unresolved disputes with QazaqGaz have led to a shutdown in gas production, resulting in employee furloughs and potential layoffs, although some staff are being reassigned to support oil operations.
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