Tethys is focused on oil and gas exploration and production activities in Central Asia with activities currently in the republics of Kazakhstan, Tajikistan and Uzbekistan.

Daybreak has extended its drilling program to seven wells at California oil project.

Brinx and its partners have now identified and confirmed eight initial prospects.

Ring also announced a complete reorganization, including board of directors and executive officers.

The company reports record average daily production of 5,926 barrels of oil equivalent per day in 1Q 2013, up 95% from 1Q 2012 and 11% from 4Q 2012.

Pad site preparation is underway now at the drilling site.

The first well will be fully funded from a private placement or joint venture agreement.

Stratex will continue to evaluate the Runnels County prospect for additional daily production.

Swab tests have indicated 57% oil which could translate into up to 50 barrels of oil per day from the new well.

Haliburton has been contracted for completion.