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Tethys Oil operates currently in three countries where it has acquired licences; Oman, Lithuania and France. Two of the licences are in production, Blocks 3 & 4 in Oman and Gargzdai in Lithuania.

CountryLicenseTotal area (km2)Tethys Oil's sharePartnersPhase
OmanBlocks 3 &429,13030%CC Energy, Mitsui Production
LitauenGargzdai88425%Odin Energi, GeonaftaProduction
OmanBlock 4915,439100%-Exploration
LitauenRietavas1,59430%Odin, Private investorsExploration
LitauenRaseiniai1,53530%Odin, Private investorsExploration
FranceAttila1,98640%Galli CozExploration

About Tethys Oil

Tethys Oil is a mid sized 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 21.4 mmbo and has an 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 head office is located in Stockholm and the company's shares are listed on Nasdaq Stockholm (TETY).