Tethys Oil (TETY SS) is a c. US$240 mm Stockholm listed E&P Company focused on Onshore Oman where it is one of the largest on-shore oil concession holders. The Company’s key asset is a 30% WI in Blocks 3 & 4, with a current net production of c. 12,000 bbl/d of light sweet oil, WI 2P Reserves of 18.2 mmbbl of oil and 3P Reserves of 27.9 mmbbl as of YE15.

03 Aug 2016
Initiating Coverage on Tethys Oil

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Initiating Coverage on Tethys Oil
Tethys Oil (TETY SS) is a c. US$240 mm Stockholm listed E&P Company focused on Onshore Oman where it is one of the largest on-shore oil concession holders. The Company’s key asset is a 30% WI in Blocks 3 & 4, with a current net production of c. 12,000 bbl/d of light sweet oil, WI 2P Reserves of 18.2 mmbbl of oil and 3P Reserves of 27.9 mmbbl as of YE15.