FINANCIAL NEWS

Tethys Oil produced 149k barrels from Blocks 3, 4 onshore Oman

05 Sep 2013

(MENAFN) Tethys Oil produced 4,818 barrels per day (bpd) from Blocks 3 and 4 onshore Oman in August brining the total to 149,372 barrels in the month, Times of Oman reported.

Total production from Blocks 3 and 4 hit 16,061 bpd in August with a total 497,906 barrels for the month.

Tethys oil owns a 30 percent stake in Blocks 3 and 4. Mitsui E&P Middle East holds 20 percent and Oman’s CC Energy Development owns the remaining 50 percent.

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