Brief: Tethys Oil Revises 2023 Production, Financial Guidance

Tethys Oil AB

08/08/2023 06:55

Aug 8 (Reuters) - Tethys Oil AB  TETY.ST :
    * REVISED 2023 PRODUCTION AND FINANCIAL GUIDANCE: PRODUCTION
FOR
FULL YEAR 2023 IS EXPECTED TO BE 9,000 (+/- 200) BARRELS OF OIL
PER DAY, COMPARED TO PREVIOUS FULL YEAR GUIDANCE OF 9,000-10,000
BARRELS OF OIL PER DAY
    * REVISED FULL YEAR 2023 PRODUCTION AND FINANCIAL GUIDANCE:
FOLLOWING REVISED PRODUCTION GUIDANCE, OPERATING EXPENDITURES
ARE EXPECTED TO BE USD 17.0 (+/- 0.5) PER BARREL OF OIL,
COMPARED TO USD 14.5 (+/- 1.0) PER BARREL OF OIL
    * REVISED FULL YEAR 2023 PRODUCTION AND FINANCIAL GUIDANCE:
INVESTMENTS IN OIL AND GAS PROPERTIES ARE EXPECTED TO BE IN
RANGE OF MUSD 81-86, COMPARED TO MUSD 85-95

Source text for Eikon:  ID:nMFN9mgdPQ 
Further company coverage:  TETY.ST 

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