Brief: Tethys Oil Enters Into Agreement With Biyaq Oil Fields Services
30/10/2019 07:46
Oct 30 (Reuters) - Tethys Oil AB TETY.ST :
* TETHYS OIL FARMS INTO BLOCK 56 EXPLORATION AND PRODUCTION
LICENSE ONSHORE OMAN
* AGREEMENT WITH BIYAQ OIL FIELD SERVICES TO ACQUIRE A 20%
INTEREST IN EXPLORATION AND PRODUCTION LICENSE COVERING BLOCK 56
ONSHORE OMAN
* WILL PAY TO BIYAQ A SUM OF UP TO MUSD 9.5 IN A COMBINATION
OF
CASH AND CARRY
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