Tethys Petroleum today announced Chegara Production Limited, its 100% owned subsidiary, has signed a Production Enhancement Contract for a new oil field, the Chegara Group of Fields, in Uzbekistan. In addition Tethys announced it had signed a Memorandum of Understanding, which agrees a timetable for the potential signing of an Exploration Agreement for a highly prospective Exploration block.

Anadarko Petroleum Corporation today announced the Golfinho exploration well discovered a new, major natural gas accumulation nearly 20 miles northwest of its Prosperidade complex within the Offshore Area 1 of the Rovuma Basin.

Renegade Petroleum Ltd. is pleased to announce it has filed on SEDAR its interim consolidated financial statements and related management's discussion and analysis for the three month period ended March 31, 2012.

Solimar Energy Limited is pleased to confirm that the Paloma Deep-2 appraisal well spudded on 10 May, using the Kenai-7 rig. The objective of the well is to appraise hydrocarbon pay zones already proven in the Paloma Deep-1 well, and to acquire core samples in the target Lower Antelope, Lower Stevens and Fruitvale shale reservoirs.

Forum Uranium Corp. and Mega Uranium Ltd. are pleased to announce the discovery of a new uranium mineralized zone on the Opie target on the NW Athabasca Property. The Opie zone is located approximately 1.5km northwest of the Maurice Bay Deposit (historical resource* of 1.5 million pounds uranium at 0.6% U3O8) and 1km south of Zone 2A (one historical drill intercept of 5.68% U3O8 over 8.5m). A total of 22 holes for 3,011 metres were completed on 5 targets: Opie, Zone 2A and three gravity targets.