Tethys Oil AB Company News

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Tethys Oil: 'Exciting Years' Ahead in Omani Blocks
Tethys is optimistic about its prospects in Oman Blocks 3&4.
7:00 PM EST | November 06, 2017
Tethys Oil AB Agrees New Boundaries for Block 3 Onshore Oman
Tethys Oil AB agrees new boundaries for the Block 3 license area onshore Oman with the Ministry of Oil and Gas (MOG).
7:00 PM EST | November 20, 2016
Tethys Increases Oil Production in Oman
Tethys Oil AB increases production from Blocks 3 and 4 onshore the Sultanate of Oman to 387,174 barrels of oil, or 12,489 barrels of oil per day, in August.
8:00 PM EST | September 18, 2016
Tethys Oil Maintains High Production Rate in 2016
Oman-focused oil producer Tethys Oil maintains its increasing oil production rate in 2016, recording an output of 1.096 million barrels during 2Q from Blocks 3 and 4 onshore Oman.
8:00 PM EST | August 02, 2016
Tethys Oil: Tidikas-1 Well Hits Oil Onshore Lithuania
The Tidikas-1 exploration well on the Raseiniai license, onshore Lithuania, encounters a combined oil column of almost 170 feet in 2 different lime stone formations.
8:00 PM EST | September 22, 2015
Tethys Oil Begins 3-Well Drilling Program in Lithuania
Tethys Oil announces that a three well drilling program on the Raseiniai license, onshore Lithuania, has commenced.
8:00 PM EST | June 15, 2015
Tethys Suspends LE-1 Exploration Well in Oman's Block 4 for Further Study
Tethys Oil suspends LE-1 onshore exploration well in Oman's Block 4 for further study.
7:00 PM EST | November 19, 2014
Tethys Oil Makes Discovery at B4EW6 Well in Oman
Tethys Oil makes new discovery at B4EW6 onshore exploration well in Oman.
7:00 PM EST | February 12, 2014
Tethys Updates on Drilling Operations in Block 4 in Oman
Tethys Oil provides an update on its exploration and appraisal drilling operations in Block 4 in Oman recently.
8:00 PM EST | September 01, 2013
Tethys: Production Testing Completed at Oman Well
The production testing of the exploration well B4EW4 on Block 4 onshore the Sultanate of Oman has been completed.
7:00 PM EST | March 05, 2013
Tethys Oil Reports Heavy Oil Discovery in Oman
Tethys Oil reported that the well SE-7 encountered several intervals of heavy oil, but no flows were established.
8:00 PM EST | April 05, 2011
Tethys: Farha South-4 Well Completed in Oman
The Farha South-4 well (FS-4) in Block 3 onshore the Sultanate of Oman has been completed.
8:00 PM EST | October 10, 2010
Tethys: Saiwan Well Encounters Oil
Several oil bearing layers were encountered at the Saiwan East-4 well in Oman, according to Tethys Oil's preliminary results.
8:00 PM EST | August 19, 2010
Saiwan East Well Completes Production Testing in Khufai Reservoir
The Saiwan East-3 well in Block 4 onshore the Sultanate of Oman has completed production testing of the horizontal section drilled in the Khufai reservoir.
8:00 PM EST | July 05, 2010
Tethys Updates on Oman Ops
Tethys Oil provided an operational update on Oman activities.
8:00 PM EST | June 23, 2010
Mitsui to Acquire Interest in Oman
Tethys Oil entered into an agreement with Mitsui E&P Middle East, a subsidiary of Mitsui, whereby Mitsui will acquire a 20 percent interest in Blocks 3 and 4 onshore Oman.
8:00 PM EST | May 18, 2010
Tethys Oil Commences Drilling of Saiwan East Well
Tethys Oil reported that drilling of the Saiwan East-3 well on Block 4 onshore Oman has commenced.
8:00 PM EST | May 04, 2010
Tethys Oil Conducts Private Placement
The Board of Directors of Tethys Oil AB has resolved to conduct a private placement of 150,000 shares at SEK 33.75 per share, raising SEK 5.06 million before issue costs.
8:00 PM EST | March 22, 2010
Tethys: Oman 3D Survey Ops Expand
The 3D seismic survey over the East Saiwan structure on Block 4 has been completed. The information is now being processed and new maps will be available shortly.
8:00 PM EST | March 14, 2010
Tethys Initiates Third Party Audit of Oman Oil Finds
Tethys Oil has contracted Gaffney, Cline & Associates for the third party audit of the Farha South and East Saiwan oil discoveries made in 2009 on Blocks 3 and 4 onshore Oman.
7:00 PM EST | January 26, 2010
Tethys Tests Three Times Original Flow at Farha South-3
A production test using a down hole Electrical Submersible Pump (ESP) has been completed in the Barik formation in the Farha South-3 well on Block 3 onshore Oman.
7:00 PM EST | January 24, 2010
Tethys Encouraged by Testing of Heavy Oil Zones in Oman
The testing operations of the heavy oil zones encountered in East Saiwan-2 on Block 4 onshore Oman have been concluded.
7:00 PM EST | January 17, 2010
East Saiwan-2 Testing Set to Commence Onshore Oman
The workover rig MB 49 has been successfully moved from Farha South-3 to East Saiwan-2 on Block 4 onshore Oman and testing operations of the heavy oil zones encountered in East Saiwan-2 are set to commence.
7:00 PM EST | December 08, 2009
Tethys Wraps Up Testing Ops at Block 3, Onshore Oman
The testing operations of the Farha South structure on Block 3 onshore Oman have been successfully completed, the results of which will have a significant impact on the reserve potential of the structure and the surrounding area.
7:00 PM EST | December 03, 2009
Tethys Gears Up for Testing at Onshore Omani Oil Discoveries
Tethys and partner CCED (operator) have contracted MB Petroleum to provide the MB 49 workover rig to conduct testing operations on Blocks 3 and 4 onshore Oman.
7:00 PM EST | November 12, 2009
Block 4 Partners to Kick Off 3D Seismic over Saiwan Discoveries
The partners on Block 4 onshore Oman have awarded the contract for a 3D seismic survey to BGP Oil and Gas Services of China covering 400 square kilometers over the entire Saiwan East structure.
8:00 PM EST | October 20, 2009
Tethys Gears Up for Autumn Work Program Onshore Oman
Tethys reported that its 2009 autumn work program on Blocks 3 and 4 onshore Oman has been finalized, with plans for drill stem testing and a seismic program in the works.
8:00 PM EST | September 27, 2009
Tethys to Withdraw from Onshore Bouanane License
Following completed drilling at the Tafejjart-1 well on the Bouanane license, Tethys will withdraw from the onshore Moroccan license to focus on projects in Oman.
8:00 PM EST | August 03, 2009
Dana's Azhar-7x Demonstrates Extension of Azhar Field in Egypt
Dana has completed the drilling of the TAJ-1 exploration well, onshore Morocco. In Egypt, Dana reported that the Azhar-7x exploration well in the onshore East Beni Suef concession has demonstrated the extension of the Azhar field.
8:00 PM EST | August 03, 2009
Tethys Becomes Paying Partner for Tafejjart-1 Onshore Morocco
Tethys has become a paying partner for the Tafejjart-1 well in the Bouanane license, onshore Morocco.
8:00 PM EST | June 07, 2009
Tethys Confirms Heavy Oil Find at Saiwan East-2 Onshore Oman
The initial evaluation of the Saiwan East-2 well on Block 4, onshore Oman, has been completed and a column of heavy oil saturation has been confirmed.
8:00 PM EST | June 07, 2009
Tethys Reports on Saiwan East-2 Well in Oman
Drilling of the Saiwan East-2 well on Block 4 onshore Oman has commenced.
8:00 PM EST | April 23, 2009
Tethys Encouraged by Positive Drilling Results Onshore Oman
Drilling of the Farha South -3 well on Block 3 onshore Oman has been completed.
8:00 PM EST | April 06, 2009
Drilling Operations Kick Off at Bouanane License Onshore Morocco
Tethys Oil announced the commencement of drilling operations of the Tafejjart-1 well on the Bouanane license onshore Morocco.
8:00 PM EST | March 23, 2009
Tethys Raises $1.5MM through Private Placement
Tethys Oil has resolved to issue 1,300,000 new shares at a price of SEK 10 through a private placement directed to approximately 10 Swedish and international investors.
7:00 PM EST | February 16, 2009
New Farha South Well Spudded Onshore Oman
Tethys Oil reported that the Farha South-3 well on Block 3, onshore Oman, has spudded.
7:00 PM EST | February 09, 2009
Tethys, Oman Partner to Spud Farha South-3 in Feb, Appraise East Saiwan
Tethys will participate in a two well drilling program during spring of 2009 on Blocks 3 and 4 onshore Oman.
7:00 PM EST | January 25, 2009
Tethys Collects 3D Seismic for Onshore Oman's Block 15
3D seismic data was collected covering the entire hydrocarbon bearing Jebel Aswad structure, located on Block 15 onshore Oman.
7:00 PM EST | January 07, 2009
Leni Gas & Oil Underscores Major Acquisitions, FY08 Operations
During this reporting period, Leni Gas & Oil has increased significantly its portfolio of oil and gas production assets, with core acquisitions in the US Gulf of Mexico, Spain, Trinidad and Hungary and investment revision in Malta.
8:00 PM EST | October 21, 2008
Tethys Cites P&A of Copkoy-1, Successful 3D Seismic Onshore Oman
Tethys Oil reported that the Copkoy-1 well in the Thrace Basin, northwest Turkey, has been completed with gas shows that did not flow to the surface. The well will now be plugged and abandoned.
8:00 PM EST | October 19, 2008
Tethys Unveils Financial, Operational Highlights for Second Quarter
Tethys has provided a financial and operational statement for the quarter ended June 30, 3008.
8:00 PM EST | August 20, 2008
Dana Petroleum Enters Drilling Rig Contract for Work Onshore Morocco
A drilling rig contract for the drilling of an exploration well on the Bouanane license onshore Morocco has been entered into by the Operator, Dana Petroleum plc, on behalf of the partner group including Tethys Oil and Eastern Petroleum.
8:00 PM EST | August 19, 2008
Tethys to Complete JAS-2 Well Onshore Oman as Producer
Tethys reported that the drilling of the JAS-2 well on Block 15 onshore Oman has finished and the well has reached a total measured depth of 4,018 meters.
8:00 PM EST | August 19, 2008
Tethys Preps for Drilling Copkoy-1 Well Onshore Turkey
Tethys Oil announced that preparations for drilling the Copkoy-1 well in the Thrace Basin onshore Turkey are underway.
8:00 PM EST | August 07, 2008
Tethys Runs Seismic on Block 15, Wraps Pilot Hole in JAS-2
Tethys Oil has won approval to commence 3D seismic on its Block 15 property in Oman. The company has also announced that it has completed a pilot hole at JAS-2 and will drill a horizontal sidetrack shortly.
8:00 PM EST | July 30, 2008
Tethys Gears Up to Test Production at Attila
Tethys announced that preparations to conduct production testing of the potential natural gas well PLM-2 on the Attila license onshore Eastern France have commenced.
8:00 PM EST | July 09, 2008
Tethys Oil Spuds Well Onshore Oman
Tethys Oil has spudded Jebel Aswad-2 (JAS-2) on Block 15 onshore Oman.
8:00 PM EST | June 04, 2008
Tethys' Oman Tests Promising
The new preliminary reserve study incorporates the results of the comprehensive flow test programme and fluid sample analysis that was performed last year, where a number of gas and condensate samples were acquired from the reservoir.
8:00 PM EST | April 28, 2008
Leni Celebrates Expanded Acreage in Spain with Well Wishes
The Company proposes to execute an extended well test on the shut-in Hontomin 2 well in the Huermeces permit, at an estimated cost of EU60,000, to appraise the future long term production of the well.
8:00 PM EST | April 22, 2008
Tethys: First Production Onshore Oman Set to Begin July 2009
Tethys' share of first production in July 2009 is estimated at some 600 barrels per day of condensate and 6 million cubic feet per day of natural gas.
7:00 PM EST | February 20, 2008