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Tethys Petroleum Limited Appoints Clive Oliver – Vice President Finance

ST PETER PORT, GUERNSEY, CHANNEL ISLANDS — (Marketwired) — 08/12/13 — Tethys Petroleum Limited (“Tethys” or “the Company” (TSX: TPL) (LSE: TPL)) today announced the appointment of Clive Oliver as Vice President Finance.

Clive joins Tethys from Essar Energy Plc where he held the position of Director of Financial Operations (Group Financial Controller). Clive is a Member of the Institute of Chartered Accountants, with 20 years post qualification experience having qualified with Deloitte & Touche – Australia, before re-locating to London in 1996 where he was a Senior Manager of the Financial Services Practice. Between leaving Deloitte and Touche and joining Essar, Clive held a number of senior positions with Charles Taylor plc.

Bernard Murphy, Chief Financial Officer, commented: “The appointment of Clive is a most welcome addition to our team and further strengthens it following Denise Lay–s promotion to Deputy Chief Financial Officer. As Vice President Finance Clive will be a key figure in managing and developing the finance function within our expanding company. His extensive accounting experience both within the Oil and Gas industry and elsewhere will be a welcome addition to the Company–s existing accounting resource.”

Tethys is focused on oil and gas exploration and production activities in Central Asia and the Caspian Region with activities currently in the Republics of Kazakhstan, Tajikistan and Uzbekistan.

Contacts:
North America & Europe
Tethys Petroleum Limited
Sabin Rossi
Vice President Investor Relations

Asia Pacific:
Tethys Petroleum Limited
Chris Justice
Communications Manager – Asia

FTI Consulting – London
Ben Brewerton / Natalia Erikssen
+44 207 831 3113

Tethys Petroleum Limited

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