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Tethys Oil AB: production update

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Oilfield Technology,

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

Tethys Oil's share of the production, before government take, from Blocks 3&4 onshore the Sultanate of Oman amounted in November 2017 to 346 498 bbls of oil, corresponding to 11 550 bpd.

Tethys Oil AB, through its wholly owned subsidiary Tethys Oil Block 3 & 4 Ltd, has a 30% interest in Blocks 3&4. Partners are Mitsui E&P Middle East B.V. with 20% and the operator CC Energy Development S.A.L. (Oman branch) holding the remaining 50%.

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