Grand Cayman, Cayman Islands--(Newsfile Corp. - April 3, 2018) - Tethys Petroleum Limited (TSXV: TPL.H) ("Tethys" or the "Company") today announces that it has appointed Samuel Barrows as Interim Chief Executive Officer ("CEO") based in Aktobe, Kazakhstan.
Mr. Barrows has over thirty years of experience in the energy industry including fifteen years in the United States and over fifteen years internationally in the Former Soviet Union and Europe. He was formerly Director of Marketing and Business Development at Max Petroleum PLC in Kazakhstan, Senior Advisor at the Karachaganak joint venture in Kazakhstan, and Director of Supply and Logistics at PetroKazakhstan. Prior to PetroKazakhstan, he worked in a variety of roles at Texaco, initially in the US and then in Kazakhstan, Azerbaijan and the UK.
Tethys is focused on oil and gas exploration and production activities in Central Asia and the Caspian Region. This highly prolific oil and gas area is rapidly developing and Tethys believes that significant potential exists in both exploration and in discovered deposits.
Some of the statements in this document are forward-looking. Forward-looking statements include statements regarding the intent, belief and current expectations of the Company or its officers with respect to the potential that exists in both exploration and in discovered deposits in Central Asia and the Caspian Region. When used in this document, the words "expects," "believes," "anticipates," "plans," "may," "will," "should" and similar expressions, and the negatives thereof, are intended to identify forward-looking statements. Such statements are not promises or guarantees, and are subject to risks and uncertainties that could cause actual outcomes to differ materially from those suggested by any such statements including risks and uncertainties with respect to the potential that exists in both exploration and in discovered deposits in Central Asia and the Caspian Region.
No part of this announcement constitutes, or shall be taken to constitute, an invitation or inducement to invest in the Company or any other entity, and shareholders of the Company are cautioned not to place undue reliance on the forward-looking statements. Save as required by applicable law, the Company does not undertake to update or change any forward-looking statements to reflect events occurring after the date of this announcement.