Corporate update

Grand Cayman, Cayman Islands–(Newsfile Corp. – November 19, 2025) – 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.

Legal update

The Company had previously reported that an arbitration ruling has been made on May 13, 2025 ordering DSFK to pay the Company approximately 1.4 billion KZT and for 18 million shares of the Company held by Olisol Petroleum Limited to be cancelled. DSFK and owners of Olisol challenged the final award. The AIFC Court directed that the hearing on these challenges be conducted on November 7, 2025. The Court issued its judgment on November 17. All claims of DSFK, Olisol and its owners were rejected and the court confirmed that the awar

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