Production update March 2020
Tethys Oil’s share of the production, before government take, from Blocks 3&4 onshore the Sultanate of Oman amounted in March 2020 to 399,881 barrels of oil, corresponding to 12,899 barrels of oil per day.The Official Selling Price (OSP) for Oman Export Blend Crude Oil for the month of March 2020 amounts to USD 64.89 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