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Tethys oil company appoints new corporate brokers

Oil&Gas Materials 16 April 2012 12:50 (UTC +04:00)

Azerbaijan, Baku, April 16 / Trend E. Kosolapova/

Tethys Petroleum has appointed FirstEnergy Capital LLP and Seymour Pierce Limited as new corporate brokers with immediate effect, the company reported on Monday.

FirstEnergy is a leading energy-focused investment bank providing full-service investment banking operations. FirstEnergy's industry leading team is focused exclusively on serving the needs of energy companies and sophisticated institutional investors on a global basis. FirstEnergy's UK activities include corporate broking, equity research, sales & trading, corporate mergers & acquisitions and oil and gas property acquisitions & divestiture advisory.

Seymour Pierce is a leading London based independent investment bank. Seymour Pierce's principal activities are corporate finance, corporate broking, institutional sales and trading and market making, focussed on small and mid cap companies operating across a broad range of sectors, including natural resources.

Moreover, Quam Capital Limited continues to act as financial adviser to the Tethys in Hong Kong, Singapore and East Asia.

Tethys Petroleum Limited is an oil and gas exploration and production company currently focused on Central Asia with projects in oil-rich Kazakhstan, Tajikistan and Uzbekistan. It is the only independent oil and gas company operating in all three countries.

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