Tethys Oil AB: Production update November 2017
Wednesday, Jan 03, 2018
Tethys Oil's share of the production, before government take, from Blocks 3&4 onshore the Sultanate of Oman amounted in November 2017 to 346,498 barrels of oil, corresponding to 11,550 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.

Tethys Oil AB

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.

For more information, please visit: http://www.tethysoil.com

Find out more about European Oil and Gas from NewsBase