Brief: Tethys Oil Cuts FY 2024 Production Guidance

Tethys Oil AB

05/11/2024 06:46

Nov 5 (Reuters) - Tethys Oil AB  TETY.ST :
    * PRODUCTION GUIDANCE FOR FULL YEAR 2024 IS NOW EXPECTED TO
BE
7,800 TILL 8,000 BARRELS OF OIL PER DAY, COMPARED TO 7,800 TO
8,200 BARRELS OF OIL PER DAY PREVIOUSLY
    * CAPITAL EXPENDITURE FOR FULL YEAR FOR BLOCK 58 IS EXPECTED
TO BE
MUSD 10 (PREVIOUSLY MUSD 9) FOLLOWING ADDITIONAL TESTING OF
KUNOOZ-1 EXPLORATION WELL
    * TOTAL INVESTMENTS FOR FULL YEAR 2024 ARE EXPECTED TO BE
MUSD 78
(PREVIOUSLY MUSD 77)
    * OPERATING EXPENDITURE FOR FULL YEAR IS EXPECTED TO BE USD
18.0
PER BARREL (PREVIOUSLY 17.5)

Source text:  ID:nMFN8r4k7K 
Further company coverage:  TETY.ST 

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