Tethys Petroleum Third Quarter 2010 Financial Results

Tethys Petroleum Limited TPL today announced its third quarter 2010 financial results. Tethys recently completed a public offering for gross proceeds of US$100 million in October 2010. In Q3 2010 the Company recorded a net loss before taxation of US$5.89 million in the three months ended September 30, 2010 compared to a net loss of US$3.94 million in the three months ended September 30, 2009.