Brief: Tethys Oil Q3 EBITDA Rises To $30.1 Million

Tethys Oil AB

06/11/2018 06:34

Nov 6 (Reuters) - Tethys Oil AB  TETY.ST :
    * Q3 REVENUE AND OTHER INCOME OF MUSD 42.3 (MUSD 36.4)
    * DURING Q3 2018, CASH FLOW FROM OPERATIONS AMOUNTED TO MUSD
37.6
    * EXPECT OUR OIL PRODUCTION TO INCREASE TOWARDS HIGHER END
OF OUR
PRODUCTION GUIDANCE BY YEAR-END
    * " WE HAVE EXCITING EXPLORATION AND APPRAISAL ACTIVITY WITH
NEW
WELLS TO BE DRILLED IN Q4 2018"
    * EXPECT OIL PRODUCTION TO INCREASE TOWARDS HIGHER END OF
OUR
PRODUCTION GUIDANCE BY YEAR-END
    * IN NOVEMBER, WE WILL ALSO DISTRIBUTE SECOND INSTALMENT OF
SEK
1.00 PER SHARE IN 2018 DIVIDEND
    * IN NOVEMBER, WE WILL ALSO DISTRIBUTE SECOND INSTALMENT OF
SEK
1.00 PER SHARE IN 2018 DIVIDEND.
    * Q3 EBITDA $30.1 MILLION VERSUS $24.3 MILLION YEAR AGO

Source text for Eikon:  ID:nGNE321g8q 
Further company coverage:  TETY.ST 

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