AKIPRESS.COM - Tethys Petroleum has been granted a four year extension to the Akkulka exploration contract in Kazakhstan, the company said in a press release.

The extension, which is two years longer than previous awards, will allow Tethys to fully assess the Akkulka acreage.

It also effectively extends the contract for production from the Doris field, which was found within the permit area.

"I am pleased that through this extension we have secured appraisal and production rights on this very important contract area for another four years,” said chairman John Bell.

“It demonstrates the very good working relationship we have with the Ministry of Energy and other state bodies, and bodes well for our future operations in Kazakhstan."