• 1Q24 production of 8,032 bbl/d had been previously reported.
• The development plan for Block 56 is expected to be submitted to the government by the end of May. The associated reserves and resources are expected to be disclosed at that time. The development plan will include an EPF for Menna/Sarha and Al Jumd and a near field exploration strategy to rapidly increase production.
• The high impact Kunooz-1 well is expected to spud in June. The well is targeting 123.5 mmbbl unrisked prospective ....
07 May 2024
Tethys Oil AB (SSE: TETY): Imminent development of Block 56 and high impact exploration drilling at Block 58
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Tethys Oil AB (SSE: TETY): Imminent development of Block 56 and high impact exploration drilling at Block 58
- Published:
07 May 2024 -
Author:
Stephane Foucaud -
Pages:
5
• 1Q24 production of 8,032 bbl/d had been previously reported.
• The development plan for Block 56 is expected to be submitted to the government by the end of May. The associated reserves and resources are expected to be disclosed at that time. The development plan will include an EPF for Menna/Sarha and Al Jumd and a near field exploration strategy to rapidly increase production.
• The high impact Kunooz-1 well is expected to spud in June. The well is targeting 123.5 mmbbl unrisked prospective ....