Management

Magnus Nordin, born in 1956.
Managing Director since 2004 and Member of the Board since 2001.

Education: Bachelor of Arts, Lund University and Master of Arts, University of California in Los Angeles, California.

Experience: Several executive positions in different
oil companies

Shares in Tethys Oil (per 31 Dec 2019): 1,550,427
Petter Hjertstedt, born in 1979
acting CFO. Employed since 2016.

Education: Studied finance and accounting at Linköping University, Sweden

Experience: Equity research analyst at SEB, Pareto Securities and Carnegie Investment Bank. Finance and Investor Relations at PA Resources

Shares in Tethys Oil (per 31 Dec 2019): 3,900
Fredrik Robelius, born in 1973.
CTO (Chief Technical Officer). Employed since 2011.

Education: PhD in Engineering Physics from Uppsala University, Sweden, and Postgraduate Diploma in Petroleum Engineering from Heriot-Watt University, United Kingdom.

Experience: Energy engineering positions in Fortum, petroleum engineering related positions in Tanganyika Oil and Sinopec

Shares in Tethys Oil (per 31 Dec 2019): 8,600

About Tethys Oil

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). Website: www.tethysoil.com