Tethys Petroleum Corporate Update

Group 1 - Tethys Petroleum Limited has received an Ecology permit for oil production at Kulbas, valid through December 31, 2024 [1] - The company is in the process of commissioning facilities to start production from KBD 2 and KBD 6 as soon as possible, with commissioning for KBD 7 scheduled to begin on December 1, 2024 [1] - The Ecology permit application for 2025 is currently under review, and the permit for gas flaring for 2025 has already been received [1] Group 2 - Tethys is focused on oil and gas exploration and production activities in Central Asia and the Caspian Region [2]