Production update April 2020
Tethys Oil’s share of the production, before government take, from Blocks 3&4 onshore the Sultanate of Oman amounted in April 2020 to 378,132 barrels of oil, corresponding to 12,604 barrels of oil per day.The Official Selling Price (OSP) for Oman Export Blend Crude Oil for the month of April 2020 amounts to USD 54.61 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