Mr. Casey McCandless reports

TETHYS PETROLEUM PRESS RELEASE: INTERIM RESULTS AND CORPORATE UPDATE

Tethys Petroleum Ltd. has filed its interim results for the three months ended June 30, 2023. The full interim results, together with management's discussion and analysis, have been filed with the Canadian securities regulatory authorities. Copies of the filed documents may be obtained on SEDAR+ or on Tethys's website.

Conference call

There will be a conference call for investors tomorrow, Friday, Aug. 18 at 9 a.m. Eastern Standard Time. If you would like to receive an invitation to the conference call, please let the company know by sending an e-mail to info@tethys-group.com.

Normal course issuer bid update

As of Aug. 17, the company has repurchased 115,540 shares of the 5,805,361 common shares approved under the new program for this year that will expire Feb. 10, 2024.

About Tethys Petroleum Ltd.

Tethys is focused on oil and gas exploration and production activities in central Asia and the Caspian region. Tethys believes that significant potential exists in both exploration and discovered deposits in the area.

We seek Safe Harbor.