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Tethys Oil AB: Changes in board composition

2018-03-29T10:30:00 CET

The board member Katherine H. Støvring has notified the board of directors of her resignation from the board of directors for personal reasons.

"On behalf of the board of directors, I would like to thank Ms. Støvring for her valuable contributions to Tethys Oil and for her much appreciated work on the board of directors, where she has served since 2012," said the chairman of the board of directors, Dennis Harlin.

At the time of her resignation, Katherine H. Støvring served on the board's audit and remuneration committees. The resignation is effective as of today.

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 10:30 CET on 29 March 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 22 mmbo and 2C Contingent Resources of 17 mmbo and had an average oil production of 12,162 barrels per day from Blocks 3&4 during 2017. 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

Bilagor

Om Tethys Oil

Tethys Oil är ett svenskt oljebolag med fokus på onshoreområden med kända oljefynd. Tethys kärnområde är Oman, där bolaget har 22 miljoner fat i bevisade och sannolika oljereserver och 17 miljoner fat i betingade resurser 2C. Under 2017 hade Tethys Oil en genomsnittlig oljeproduktion om 12 162 fat om dagen från Block 3&4. Tethys Oil har också prospekteringstillgångar onshore Frankrike och Litauen och viss produktion i Litauen. Aktierna är noterade på Nasdaq Stockholm (TETY).