TETHYS OIL AB [CBOE] overview

The shareholders of Tethys Oil AB (publ) gathered in Stockholm, Sweden, Wednesday 9 May 2018 for the Annual General Meeting. The income statements and the balance sheets for the Company and the Group were approved and the Board of Directors and the Managing Director were discharged from liability for the financial year 2017. The Meeting resolved on a dividend for the financial year 2017 of SEK two (2) per share, amounting to a total of SEK 67,799,174, to be paid in two instalments of SEK one (1)...

First quarter 2018 (fourth quarter 2017) · Production amounted to 11,664 bopd (11,726 bopd) · Revenue and other income of MUSD 34.2 (MUSD 30.1) · EBITDA of MUSD 21.5 (MUSD 19.7) · Net result of MUSD 9.0 (MUSD 11.0) · Earnings per share amounted to USD 0.26 (USD 0.32) · Exploration well Tibyan-1, located about 9 km southwest of the Erfan-1 discovery, resulted in a smaller oil discovery · Exploration well Luja-1, drilled in the southern part of Block 4, is undergoing extensive evaluation...

Tethys Oil will publish the interim report for the first quarter of 2018 on Tuesday 8 May 2018 at approximately 7:30 CET. The Company has scheduled a webcasted conference call the same day at 10.00 CET. Magnus Nordin, Managing Director, and Jesper Alm, CFO, will present the report and recent developments. The English language live webcast may be accessed on www.tethysoil.com. An on demand version will also be available on Tethys Oil's website. Link to webcast :...

Tethys Oil's share of the production, before government take, from Blocks 3&4 onshore the Sultanate of Oman amounted in March 2018 to 360,763 barrels of oil, corresponding to 11,638 barrels of oil per day. Tethys Oil AB, through its wholly owned subsidiary Tethys Oil Block 3 & 4 Ltd, has a 30 per cent interest in Blocks 3&4. Partners are Mitsui E&P Middle East B.V. with 20 per cent and the operator CC Energy Development S.A.L. (Oman branch) holding the remaining 50 per cent. For further...

Tethys Oil has published its Annual Report for 2017, including sustainability and corporate governance reports and report on payments to authorities. The Annual Report for 2017 is now available on the corporate website, www.tethysoil.com. For further information, please contact Magnus Nordin , Managing Director, phone +46 8 505 947 00 Jesper Alm, CFO, phone +46 8 505 947 00 ------------------------------------------------------------------ This information is information that Tethys Oil AB...

The shareholders of Tethys Oil AB (publ) are hereby invited to attend the Annual General Meeting on Wednesday, May 9, 2018, at 3 p.m. CET at the premises of Grand Hôtel, Södra Blasieholmshamnen 8, in Stockholm. Notification To be entitled to participate at the Meeting, shareholders must first be included in the register of shareholders maintained by Euroclear Sweden AB (the Swedish Central Securities Depository & Clearing Organisation) as of Thursday, May 3, 2018, second notify Tethys Oil AB...

The board member Katherine H. Støvring has notified the board of directors of her resignation from the board of directors for personal reasons. "On behalf of the board of directors, I would like to thank Ms. Støvring for her valuable contributions to Tethys Oil and for her much appreciated work on the board of directors, where she has served since 2012," said the chairman of the board of directors, Dennis Harlin. At the time of her resignation, Katherine H. Støvring served on the board's...

Tethys Oil's share of the production, before government take, from Blocks 3&4 onshore the Sultanate of Oman amounted in February 2018 to 321,733 barrels of oil, corresponding to 11,490 barrels of oil per day. Tethys Oil AB, through its wholly owned subsidiary Tethys Oil Block 3 & 4 Ltd, has a 30 per cent interest in Blocks 3&4. Partners are Mitsui E&P Middle East B.V. with 20 per cent and the operator CC Energy Development S.A.L. (Oman branch) holding the remaining 50 per cent. For further...