Production update June 2016

Tethys’ share of the production, before government take, from Blocks 3
and 4 onshore the Sultanate of Oman amounted in June 2016 to 348,012
barrels of oil, corresponding to 11,600 barrels of oil per day.

 


Tethys Oil AB, through its wholly owned subsidiary Tethys Oil Block 3
and 4 Ltd, has a 30 per cent interest in Blocks 3 and 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.

 

For further information, please contact

Magnus Nordin, Managing Director, phone +46 8 505 947 00

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The information in this press release has been made public by the
Company in accordance with the Securities Market Act and/or the
Financial Instruments Trading Act.

 

Tethys Oil AB (publ)

Tethys Oil is a Swedish energy company focused on exploration and
production of oil. Tethys Oil’s core area is the Sultanate of Oman,
where the company is one of the largest onshore oil concession holders
with a current net production of about 12,000 barrels of oil per day.
Tethys Oil also has exploration and production assets onshore Lithuania
and France. The shares are listed on Nasdaq Stockholm (TETY).

Website: www.tethysoil.com