Tethys Petroleum Ltd. (TSX-TPL)

Tethys is focused on oil and gas exploration and production activities in Central Asia with activities currently in the Republic of Kazakhstan and more recently the Republic of Tajikistan. 

In June 2007, Jennings acted as Lead Agent in Tethys’s IPO, raising US$50 million at US$2.75 per common share. 

Jennings initiated coverage on Tethys in October 2007, and continues to provide active research coverage on the story, as well as being the top trader of Tethys.  Since the IPO, Jennings has represented over 70% of the buy volume and over 65% of the total trading volume.