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    • Core area Oman
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Operations

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.

Country License Total area (km2) Tethys Oil’s share Partners Phase
Oman Blocks 3 &4 29,130 30% CCED, Mitsui Production
Litauen Gargzdai 884 25% Odin Energi, Geonafta Production
Oman Block 49 15,439 100%* EOG* Exploration
Oman Block 56 5,808 65% Medco,
Biyaq, Intaj
Exploration
Oman Block 58 4,557 100% – Exploration

* Interest percentage reflects a change that occurred as EOG withdrew from Block 49. The withdrawal was announced in 2021 and Tethys Oil is currently in the formal process to receive final government approval to again have a 100 percent interest share in the Block.

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Tethys Oil AB

Head Office
Hovslagargatan 5B, 1 tr, SE-111 48 Stockholm, Sweden
Phone: +46 8 505 947 00
Fax: +46 8 505 947 99
E-mail: info@tethysoil.com

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