Tethys Petroleum Press Release - Corporate Update
Tethys Petroleum Press Release - Corporate Update
After a further examination of the nature of acquired geological information, involving communication with the State Geology Committee, the Company determined that certain costs amounting to $25.6 million do not qualify as historical costs and, therefore, are not due for reimbursement to the government. Subsequently, the Company communicated its findings to the Aktobe Tax Department and requested confirmation for the exclusion of these costs from its obligations.Grand Cayman, Cayman Islands--(Newsfile Corp. - February 14, 2024) - Tethys Petroleum Limited (TSXV: TPL) ("Tethys" or the "Company") is pleased to provide an update on the Company's operations in the Republic of Kazakhstan.
開曼群島大開曼島--（Newsfile Corp.，2024 年 2 月 14 日）-Tethys Petroleum Limited（多倫多證券交易所股票代碼：TPL）（”Tethys“或者”公司“）很高興提供公司在哈薩克斯坦共和國業務的最新情況。
Deferred payment obligation adjustment
延期付款債務調整
The Company had previously recognized in its interim financial statements a deferred payment obligation for historical costs incurred by the government on geological investigation of the Kul-Bas exploration area of approximately $28.8 million to be paid quarterly over a period of up to 10 years.
該公司此前曾在其中期財務報表中確認了政府在庫爾-巴斯勘探區地質調查中產生的歷史成本的延期付款義務，約爲2,880萬美元，將在最長10年內按季度支付。
After a further examination of the nature of acquired geological information, involving communication with the State Geology Committee, the Company determined that certain costs amounting to $25.6 million do not qualify as historical costs and, therefore, are not due for reimbursement to the government. Subsequently, the Company communicated its findings to the Aktobe Tax Department and requested confirmation for the exclusion of these costs from its obligations.
在進一步審查所獲得的地質信息的性質，包括與州地質委員會的溝通，該公司確定總額爲2560萬美元的某些成本不符合歷史成本的資格，因此不應向政府償還。隨後，該公司將其調查結果告知了阿克託別稅務部門，並要求確認將這些費用從其義務中排除。
On February 12, 2024 the Aktobe Tax Department responded, affirming the Company's position that approximately $25.6 million of the obligation is not owed. As a result, the Company will be making an adjustment to the balance sheet that will result in a reduction of the present value of the previously reported liabilities of approximately $18.7 million.
2024年2月12日，阿克託比稅務部門作出回應，確認了該公司的立場，即約2560萬美元的債務沒有拖欠。因此，公司將對資產負債表進行調整，這將使先前報告的負債的現值減少約1,870萬美元。
About Tethys
關於 Tethys
Tethys is focused on oil and gas exploration and production activities in Central Asia and the Caspian Region.
Tethys專注於中亞和裏海地區的石油和天然氣勘探和生產活動。
Disclaimer
免責聲明
Some of the statements in this document are forward-looking. 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.
本文檔中的一些陳述是前瞻性的。本公告的任何部分均不構成投資公司或任何其他實體的邀請或誘惑，提醒公司股東不要過分依賴前瞻性陳述。除適用法律要求外，公司不承諾更新或更改任何前瞻性陳述以反映本公告發布之日之後發生的事件。
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
多倫多證券交易所風險投資交易所及其監管服務提供商（該術語在多倫多證券交易所風險投資交易所的政策中定義）均不對本新聞稿的充分性或準確性承擔責任。
Contact Information:
聯繫信息：
Tethys Petroleum
Casey McCandless
Chief Financial Officer
901-763-4001
特提斯石油公司
凱西·麥坎德利斯
首席財務官
901-763-4001
info@tethys-group.com
info@tethys-group.com
譯文內容由第三人軟體翻譯。
