- About Tethys Oil
- Corporate governance
- Investor Relations
Looking for oil and gas is connected with considerable uncertainty. There are a couple of different strategies to handle and limit the risk. Tethys Oil invests mainly in projects, where hydrocarbons have previously been found, but ambiguity may exist in terms of productivity and reserve sizes.
Tethys Oil shall have a well balanced and self financed portfolio of oil and natural gas assets. The company also aims to conduct business in an economical, socially and environmentally responsible way, to the benefit of all stakeholders.
The company’s strategy is:
In the company’s existing assets, a proactive role with strategic partners is key to maximizing the potential of the projects. Growth will primarily come from appraisal projects where oil has previously been discovered, but was deemed subcommercial for various reasons.
Low entry costs
Significant potential and manageable risk
Assets where oil previously been discovered, but was deemed subcommercial
Cash flow from producing assets financing new projects