2Q18 production was 11,733 bbl/d, with monthly production guidance remaining at 11,000 – 13,000 bbl/d. Work at the Ulfa early production facility (EPF) is ongoing with a few items having taken longer than expected, and Tethys would now expect the EPF to be up and running during 4Q18, four to six weeks later than originally planned. Once up and running, Tethys expects the EPF to enable several more appraisal wells on the Ulfa and Samah discoveries to be put on stream. It will also allow
14 Aug 2018
FLASH: 2Q18 results
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FLASH: 2Q18 results
Tethys Oil AB (0A1V:LON) | 4,800 0 0.0% | Mkt Cap: 1,587m
- Published:
14 Aug 2018 -
Author:
Stephane Foucaud -
Pages:
2
2Q18 production was 11,733 bbl/d, with monthly production guidance remaining at 11,000 – 13,000 bbl/d. Work at the Ulfa early production facility (EPF) is ongoing with a few items having taken longer than expected, and Tethys would now expect the EPF to be up and running during 4Q18, four to six weeks later than originally planned. Once up and running, Tethys expects the EPF to enable several more appraisal wells on the Ulfa and Samah discoveries to be put on stream. It will also allow