Drilling & production - 04 January 2018

The recently drilled well located at the Beach Marcelle field has been successfully put into production and is flowing at a stabilised rate of 120 bpd on a restricted choke of 5/32 in.

First Production from F1, F2 and F3 wells expected early March 2018

The contract, which was signed December 2017, is expected to commence in February 2018 and covers development drilling on the Jubilee and TEN fields offshore Ghana.

Tethys Oil AB has provided an production update for its operations in the Sultanate of Oman.