Tethys Oil – a growing oil company

Tethys Oil is a Swedish oil company with focus on onshore areas with known oil discoveries. The company’s core area is the Sultanate of Oman, where it holds interests in Blocks 3&4, Block 49, Block 56 and Block 58. Tethys Oil has net working interest 2P reserves of 26.1 mmbo and net working interest 2C Contingent Resources of 13.5 mmbo and had an average oil production of 12,832 barrels per day from Blocks 3&4 during 2019. The company’s shares are listed on Nasdaq Stockholm (TETY).

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Press releases

April 9, 2021 Regulatory press release
Tethys Oil’s Report on payments to authorities 2020
April 9, 2021 Regulatory press release
Tethys Oil’s Annual Report and Sustainability Report 2020
April 8, 2021 Regulatory press release
Tethys Oil sets new dividend policy

All press releases

Annual and Sustainability Report 2020

Tethys Oil published the Annual and Sustainability Report for 2020 on Friday, 9 April, 2021.

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Calendar

May 11, 2020 Interim report Q1 2021
May 19, 2021 Annual General Meeting 2021
August 10, 2021 Interim report Q2 2021

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Production

11,508 barrels of oil per day

Tethys Oil’s share of the production, before government take, from Blocks 3&4 onshore the Sultanate of Oman amounted in March 2021 to 356,736 barrels of oil, corresponding to 11,508 barrels of oil per day. Oil production in Oman is currently subject to production limitations under the OPEC+ agreement. As a consequence, production from Blocks 3&4 is subject to limitations but is likely to fluctuate on a monthly basis.

Block 58 - new exploration block onshore Oman

Tethys Oil’s project portfolio has expanded with Block 58 onshore Oman. The block is located in the southern part of the Sultanate adjacent to Tethys Oil’s operated exploration licence Block 49. Tethys Oil is the the operator of the block and hold a 100% license interest.

Tethys Oil – a growing oil company