Tethys’ share of the production in June, before government take, from Blocks 3 and 4 onshore the Sultanate of Oman was 219,777 barrels of oil, corresponding to 7326 bpd.
Tethys Oil AB, through its wholly owned subsidiary Tethys Oil Block 3 and 4 Ltd, has a 30% interest in Blocks 3 and 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%.
Adapted from press release by Katie Woodward
Tethys Oil has increased its interest in the Rietavas licence onshore Lithuania from 14% to 30%.
Tethys Petroleum Limited has confirmed it has received an extension its Kyzyloi production contract for a further 15 years to June 2029.
Analysis of data from the well indicates it has a pay zone twice as thick as the AKK15 well, which tested gas at a stable rate of approximately 7 million ft3.
Tethys Petroleum Limited is pleased to announce that AKK17, the first shallow gas exploration well of its 2014 programme, has been successful.
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