Brief: Tethys Oil Q1 EBITDA Down At USD 12.3 Mln

Tethys Oil AB

11/05/2021 06:39

May 11 (Reuters) - Tethys Oil AB  TETY.ST :
    * THIRD CONSECUTIVE QUARTER OF INCREASED PRODUCTION, 5
PERCENT
HIGHER THAN IN Q4 2020
    * Q1 REVENUE AND OTHER INCOME $25.4 MILLION VERSUS $37.3
MILLION
YEAR AGO
    * Q1 EBITDA $12.3 MILLION VERSUS $21.9 MILLION YEAR AGO
    * WE HAVE HAD A VERY ACTIVE 2021 SO FAR BUT WE REMAIN AWARE
THAT
PANDEMIC IS NOT OVER
    * Q1 NET DAILY PRODUCTION FROM OMAN, BLOCKS 3&4 BEFORE
GOVERNMENT
TAKE 11,585 BARRELS PER DAY VERSUS 13,032 BARRELS PER DAY YEAR
AGO

Source text for Eikon:  ID:nMFN6mQ3qx 
Further company coverage:  TETY.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))