Tethys Oil

#8250

Rank

$185.29M

Marketcap

Sweden

Country

Leadership team

Mr. Magnus Nordin (Founder, CEO, MD & Director)

Mr. Petter Hjertstedt (Chief Financial Officer)

Mr. Fredrik Robelius (Chief Technical Officer)

Products/ Services

Energy, Oil and Gas

Headquarters

Stockholm, Stockholms Lan, Sweden

Established

2001

Net Income

20M - 100M

Revenue

100M - 500M

Traded as

TETY.ST

Social Media

URL

https://www.tethysoil.com

Overview

Location

Recognition and Award

References

Summary

Tethys Oil AB (publ) focuses on the exploration and production of oil and natural gas properties. It holds 50% interests in the Block 49 covering approximately 15,439 square kilometers; 30% interest in the Blocks 3&4, which has net working interest of 26,174 thousand barrels of oil (mbo) of proven and probable reserves and 2C contingent resources of 15,600 mbo; 65% interest in the Block 56 covering approximately 5,808 square kilometers located in the southeastern part of the Sultanate of Oman; and 100% interest in the Block 58 covering approximately 4,557 square kilometers located in the Dhofar Governorate in the southern part of the Sultanate of Oman. Tethys Oil AB (publ) was incorporated in 2001 and is headquartered in Stockholm, Sweden.

History

Tethys Oil’s story began in 2001 when it was established by a group of private investors. Since then, Tethys Oil has grown to be one of the leading oil exploration and production companies in Finland. Currently, Tethys Oil operates several fields in Finland and has exploration licenses in Sweden and Oman.

Mission

To generate top quartile returns for shareholders through excellence in socially responsible oil and gas exploration and production

Vision

Oil Search’s vision is to generate top quartile returns for shareholders through excellence in socially responsible oil and gas exploration and production.

Key Team

Camilla Hansen (Head of Legal)

Recognition and Awards

Tethys Oil has been recognized globally as a leader in the oil exploration and production industry. In 2018, Tethys Oil was awarded the ‘Finnish Oil Production Company of the Year’ award by the Finnish Energy Awards.