Production update March 2019
Tethys Oil’s share of the production, before government take, from Blocks 3&4 onshore the Sultanate of Oman amounted in March 2019 to 364,094 barrels of oil, corresponding to 11,745 barrels of oil per day.The Official Selling Price (OSP) for Oman Export Blend Crude Oil for the month of March 2019 amounts to USD 59.36 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 30 per