Tethys’ share of the production, before government take, from Blocks 3 and 4 onshore the Sultanate of Oman amounted in November 2015 to 331,762 barrels of oil, corresponding to 11,059 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.

Tethys Oil AB

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 approximately 11,000 barrels of oil per day. Tethys Oil also has exploration and production assets onshore Lithuania and France.