Production update October 2019
Tethys Oil’s share of the production, before government take, from Blocks 3&4 onshore the Sultanate of Oman amounted in October 2019 to 418,749 barrels of oil, corresponding to 13,508 barrels of oil per day.The Official Selling Price (OSP) for Oman Export Blend Crude Oil for the month of October 2019 amounts to USD 59.68 per barrel (1). 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