Tethys Petroleum Limited provided a production update. The KBD-02, KBD-06, and KBD-07 wells are in their trial production phase and are averaging about 400 tons per day. The KBD-03 well is now in its 90 day production period in the Aptian zone and is producing approximately 110 tons per day using a 9 mm choke.

On the KBD-08 well after successful recovery of perforating guns and logging that has not identified any channeling behind the production casing the Company will be performing a selective acid treatment as standard practice to stimulate the Jurassic carbonate reservoir. Exploration update: The Company spudded the KUL-04 gas well on April 21 and plans to spud the KBD-04 well today (previously identified as KBD-09). The company is also moving forward with its plans to drill four development gas wells in the Kyzloi field starting with KYZ-113 estimated to commence on May 10th.