Tethys’ share of the production, before government take, from Blocks 3
and 4 onshore the Sultanate of Oman amounted in May 2016 to 374,282
barrels of oil, corresponding to 12,074 barrels of oil per day. The
production in May has to a limited degree been affected by planned
maintenance work on the Shahd field. The work was finished in May, and
completes the scheduled maintenance work on the Block 3 and 4 fields.
Tethys Oil AB, through its wholly owned subsidiary Tethys Oil Block 3
and 4 Ltd, has a 30 per cent interest in Blocks 3 and 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 in this press release has been made public by the
Company in accordance with the Securities Market Act and/or the
Financial Instruments Trading Act.
Tethys Oil AB (publ)
Tethys Oil is a Swedish energy company focused on exploration and
production of oil. Tethys Oil’s core area is the Sultanate of Oman,
where the company is one of the largest onshore oil concession holders
with a current net production in excess of 12,000 barrels of oil per
day. Tethys Oil also has exploration and production assets onshore
Lithuania and France. The shares are listed on Nasdaq Stockholm (TETY).
Website: www.tethysoil.com
