Akkulka Exploration Well Flows Oil

Tethys Petroleum Limited ("Tethys" or the "Company" (TSX: TPL)) today announced that the lower zone of the AKD01 Exploration well in Kazakhstan has flowed at over 2,800 barrels per day ("bpd"), with 1,373 barrels of oil per day ("bopd") after acidisation.

Graham Wall, Vice President Technical of Tethys commented: "We are extremely pleased by the success of the acidisation on this well. The well is flowing strongly with increasing pressures and flow as it continues to clean up following the acidisation. A temporary suspension of testing is necessary for us to prepare storage for the volumes of fluid being produced and also to evaluate the test data gathered to date. This is, we believe, the first test of oil in this part of Kazakhstan and opens up an area of substantial potential in our Akkulka and Kul-Bas blocks. Reservoir quality in this zone appears good as does the quality of the produced oil which bodes well for the ultimate development of this reservoir.

Questerre Energy Corporation: Second Utica Horizontal Well Commences

Questerre Energy Corporation ("Questerre" or the "Company") (TSX: QEC.TO) (OSLO: QEC.OL) updated developments with the pilot horizontal well program for the Utica shale in the St. Lawrence Lowlands, Quebec.

The second horizontal well, Gentilly #2HZ, targeting the middle Utica spud earlier this week. The well is located adjacent to the vertical Gentilly #1 that tested at over 800 mcf/d from this interval. Total measured depth for this well is programmed at 2916m with an 800m horizontal leg.

The first horizontal well, St. Edouard #1H, was successfully drilled and cased to a total measured depth of 3181m including a 1000m leg. The fracture stimulation of the middle Utica interval is scheduled to commence in early January 2010. Subject to weather and equipment, preliminary test results are expected in the first quarter of next year.

Oyo Oilfield Begins Production

Pacific Asia Petroleum, Inc. (NYSE Amex: PAP), a US-based energy company engaged in the development, production and distribution of oil and gas, announced today that production has commenced at the Oyo Oilfield, as reported today by Allied Energy Plc., a subsidiary of CAMAC, and Nigerian Agip Exploration, an affiliate of Italy’s ENI S.p.A.

The Oyo Oilfield is located in the deep offshore Niger Delta, about 120 kilometers off the Nigerian coast. The field has the ability to initially produce at a rate of approximately 25,000 barrels of oil per day from two subsea wells (in a water depth of 400 meters) which are connected to the Armada Perdana FPSO (Floating Production Storage and Offloading facility). The FPSO has a treatment capacity of 40,000 barrels of liquids per day, and is capable of storing up to 1 million barrels of crude oil.

Drilling to Begin in Ivanhoe Energy's Pungarayacu Field in Ecuador

Robert Friedland, Executive Co-Chairman, President and CEO of Ivanhoe Energy Inc. (TSX: IE; NASDAQ: IVAN), and David Martin, Chairman, President and CEO of Ivanhoe Energy Latin America Inc., announced today that Ivanhoe Energy Ecuador Inc. intends to initiate drilling operations in the coming days on its first appraisal well in the Pungarayacu field in Ecuador.

This follows completion of final infrastructure preparations, including construction of a three-kilometre access road to the well-site. These works were carried out under the supervision of Ecuador's Ministry of the Environment.

The drill site, known as well IP-15, is located towards the north end of Ivanhoe Energy's Block 20, near the town of Archidona. The well is expected to be drilled to approximately 1,300 feet (400 metres), followed by an extensive coring, logging and testing program, which is slated to continue into January 2010.