Tethys Oil AB: Production update December 2018

Tethys Oil's share of the production, before government take, from Blocks 3&4 onshore the Sultanate of Oman amounted in December 2018 to 369,401 barrels of oil, corresponding to 11,916 barrels of oil per day. The Official Selling Price (OSP) for Oman Export Blend Crude Oil for the month of...

London, 15/01/2019 (informazione.news - comunicati stampa - energia)

The Official Selling Price (OSP) for Oman Export Blend Crude Oil for the month of December 2018 amounts to USD 80.20 per barrel. The OSP, as published by Sultanate of Oman's Ministry of Oil & Gas, is the benchmark price for Tethys Oil's monthly oil sales excluding trading and quality adjustments.

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

Magnus Nordin Managing Director, phone +46 8 505 947 00
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The information was submitted for publication, through the agency of the contact person set out above, at 13:00 CET on 15 January 2019.