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Tuesday, 30 January 2018

Tethys Oil AB: Production update December 2017

Tethys Oil    

Published: 09:55 CET 30-01-2018 /GlobeNewswire /Source: Tethys Oil / : TETY /ISIN: SE0009161185

Tethys Oil AB: Production update December 2017

Tethys Oil's share of the production, before government take, from Blocks 3&4 onshore the Sultanate of Oman amounted in December 2017 to 349,434 barrels of oil, corresponding to 11,272 barrels of oil per day.

 

Tethys Oil AB, through its wholly owned subsidiary Tethys Oil Block 3 & 4 Ltd, has a 30 per cent interest in Blocks 3&4. Partners are Mitsui E&P Middle East B.V. with 20 per cent and the operator CC Energy Development S.A.L. (Oman branch) holding the remaining 50 per cent.

 

 

For further information, please contact

Magnus Nordin, Managing Director, phone +46 8 505 947 00

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The information was submitted for publication, through the agency of the contact person set out above, at 9:55 CET on 30 January 2018.

 

Tethys Oil AB (publ)

Tethys Oil is a Swedish oil company with focus on onshore areas with known oil discoveries. Tethys Oil's core area is Oman, where the company holds 2P reserves of 21 mmbo and has oil production of about 12,000 barrels per day from Blocks 3&4. Tethys Oil also has onshore exploration licences in Lithuania and France and some production in Lithuania. The shares are listed on Nasdaq Stockholm (TETY).

Website: www.tethysoil.com



TETY_2018_01_30_eng



This announcement is distributed by Nasdaq Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of Nasdaq Corporate Solutions clients. Source: Tethys Oil AB, Hovslagargatan 5B, 1 tr, Stockholm SE-111 48, Sweden
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