Brief: Tethys Oil: Partner Pre-Emption Rights Exercised In Block 53 Transaction
25/01/2019 09:52
Jan 25 (Reuters) - Tethys Oil AB TETY.ST :
* REG-TETHYS OIL AB: PARTNER PRE-EMPTION RIGHTS EXERCISED IN
BLOCK
53 TRANSACTION
* WILL NOT BE ABLE TO COMPLETE TRANSACTION.
* SAYS WILL CONTINUE TO SEEK NEW PROJECTS AND OTHER GROWTH
OPPORTUNITIES
* LONG-TERM COMMITMENT TO SULTANATE OF OMAN REMAINS
Source text for Eikon: ID:nGNE8zcnh1
Further company coverage: TETY.ST
(Gdynia Newsroom)
((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))
Recent news on Tethys Oil AB
See all newsBrief: Tethys Oil Production In Q1 Amounted To 9,411 Barrels Of Oil Per Day
Brief: Tethys Oil Q1 EPS at USD 0.25
Brief: Tethys Oil Net Working Interest Reserves In Blocks 3&4 Oman As Per Dec 31 Amount To 23,901 Thousand Barrels Of Oil Of Proven And Probable Reserves
Brief: Tethys Oil Completes Prospect Maturation, Volumetrics Of Fahd Area On Block 58
Brief: Tethys Oil Sees 2023 Average Production At 9,000-10,000 Bopd