Tethys Petroleum revenues rise by 5% - Tethys Petroleum (LON:TPL) - TopicsExpress

Tethys Petroleum revenues rise by 5% - Tethys Petroleum (LON:TPL) boosted revenues 5% in its latest quarter and predicted a substantial rise in cashflow in 2015 as its shallow gas development programme in Kazakhstan builds momentum. Second quarter revenues rose to US$7.1mln, while operating losses reduced 17% to US$3.7mln. Production expenses were 15% lower at US$3.2mln. Denise Lay, chief financial officer, said: During Q2, the company concentrated on advancing its s... ow.ly/2LNPZ4

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