Tethys Oil – Exploring Oman since 2006

Tethys Oil is an oil exploration and production company with focus on onshore areas with known oil discoveries. The company’s core area is the Sultanate of Oman, where it has been present since 2006 and currently holds interests in Blocks 3&4, Block 49, Block 56 and Block 58. Tethys Oil has 2P reserves of 26.2 mmbo and 2C Contingent Resources of 15.6 mmbo and had an average oil production of 11,136 barrels per day during 2021.

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Press releases

November 22, 2022 Regulatory press release
Share buy-backs in Tethys Oil during week 46, 2022
November 15, 2022
Production update October 2022
November 10, 2022
Tethys Oil’s Nomination Committee for the AGM 2023

Extraordinary distribution of SEK 5/share

The Annual General Meeting resolved on an extraordinary distribution of SEK 5 per share.
The last day of trading in the Share before the share split and with right to receive Redemption Shares is May 31, 2022

More about share split and mandatory redemption procedure

Interim Report Q3 2022

Tethys Oil published the interim report for the third quarter 2022 on Tuesday, 8 November 2022 at 7:30 CET.

Read the report

Calendar

February 7, 2023 Interim report Q4 / Year-end report 2022
May 9, 2023 Interim report Q1 2023
May 10, 2023 Annual General Meeting 2023

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Production

11,136 barrels of oil per day

Tethys Oil’s share of production in 2021 from Blocks 3&4 in the Sultanate of Oman, amounted to 4,064,803 barrels of oil, corresponding to 11,136 barrels of oil per day, before government take. Oil production in Oman is subject to production limitations under the OPEC+ agreement. The Omani production limitations are not expected to be a limiting factor for Tethys Oils production output during 2022.

Tethys Oil – Exploring Oman since 2006