Bifogade filer
Tethys Oil announces Financial Guidance for 2024
Kurs & Likviditet
Prenumeration
Kalender
| 2024-11-05 | Kvartalsrapport 2024-Q3 |
| 2024-08-06 | Kvartalsrapport 2024-Q2 |
| 2024-05-16 | Ordinarie utdelning TETY 0.00 SEK |
| 2024-05-15 | Årsstämma 2024 |
| 2024-05-07 | Kvartalsrapport 2024-Q1 |
| 2024-02-06 | Bokslutskommuniké 2023 |
| 2023-11-10 | Ordinarie utdelning TETY 2.00 SEK |
| 2023-11-07 | Kvartalsrapport 2023-Q3 |
| 2023-08-08 | Kvartalsrapport 2023-Q2 |
| 2023-05-24 | Inlösen TETY 3 |
| 2023-05-10 | Årsstämma 2023 |
| 2023-05-09 | Kvartalsrapport 2023-Q1 |
| 2023-02-07 | Bokslutskommuniké 2022 |
| 2022-11-08 | Kvartalsrapport 2022-Q3 |
| 2022-08-09 | Kvartalsrapport 2022-Q2 |
| 2022-06-01 | Inlösen TETY 5 |
| 2022-05-19 | Ordinarie utdelning TETY 2.00 SEK |
| 2022-05-18 | Årsstämma 2022 |
| 2022-05-10 | Kvartalsrapport 2022-Q1 |
| 2022-02-08 | Bokslutskommuniké 2021 |
| 2021-11-09 | Kvartalsrapport 2021-Q3 |
| 2021-08-10 | Kvartalsrapport 2021-Q2 |
| 2021-05-26 | Inlösen TETY 2 |
| 2021-05-20 | Ordinarie utdelning TETY 2.00 SEK |
| 2021-05-19 | Årsstämma 2021 |
| 2021-05-11 | Kvartalsrapport 2021-Q1 |
| 2021-02-09 | Bokslutskommuniké 2020 |
| 2020-11-03 | Kvartalsrapport 2020-Q3 |
| 2020-08-11 | Kvartalsrapport 2020-Q2 |
| 2020-05-20 | Inlösen TETY 3 |
| 2020-05-14 | Ordinarie utdelning TETY 2.00 SEK |
| 2020-05-13 | Årsstämma 2020 |
| 2020-05-05 | Kvartalsrapport 2020-Q1 |
| 2020-02-11 | Bokslutskommuniké 2019 |
| 2019-11-15 | Halvårsutdelning TETY 1 |
| 2019-11-05 | Kvartalsrapport 2019-Q3 |
| 2019-08-13 | Kvartalsrapport 2019-Q2 |
| 2019-05-21 | Inlösen TETY 6 |
| 2019-05-16 | Halvårsutdelning TETY 1 |
| 2019-05-15 | Årsstämma 2019 |
| 2019-05-07 | Kvartalsrapport 2019-Q1 |
| 2019-02-12 | Bokslutskommuniké 2018 |
| 2018-11-13 | Halvårsutdelning TETY 1 |
| 2018-11-06 | Kvartalsrapport 2018-Q3 |
| 2018-08-14 | Kvartalsrapport 2018-Q2 |
| 2018-05-11 | Halvårsutdelning TETY 1 |
| 2018-05-11 | Inlösen TETY 4 |
| 2018-05-09 | Årsstämma 2018 |
| 2018-05-08 | Kvartalsrapport 2018-Q1 |
| 2018-02-13 | Bokslutskommuniké 2017 |
| 2017-11-07 | Kvartalsrapport 2017-Q3 |
| 2017-08-15 | Kvartalsrapport 2017-Q2 |
| 2017-05-18 | Ordinarie utdelning TETY 1.00 SEK |
| 2017-05-17 | Årsstämma 2017 |
| 2017-05-02 | Kvartalsrapport 2017-Q1 |
| 2017-02-14 | Bokslutskommuniké 2016 |
| 2016-11-01 | Inlösen TETY 3 |
| 2016-11-01 | Kvartalsrapport 2016-Q3 |
| 2016-10-25 | Extra Bolagsstämma 2016 |
| 2016-08-16 | Kvartalsrapport 2016-Q2 |
| 2016-05-19 | Ordinarie utdelning TETY 1.00 SEK |
| 2016-05-18 | Årsstämma 2016 |
| 2016-05-03 | Kvartalsrapport 2016-Q1 |
| 2016-02-14 | Bokslutskommuniké 2015 |
| 2015-11-03 | Kvartalsrapport 2015-Q3 |
| 2015-08-18 | Kvartalsrapport 2015-Q2 |
| 2015-05-26 | Inlösen TETY 2 |
| 2015-05-14 | Ordinarie utdelning TETY 1.00 SEK |
| 2015-05-13 | Årsstämma 2015 |
| 2015-05-05 | Kvartalsrapport 2015-Q1 |
| 2015-02-10 | Bokslutskommuniké 2014 |
| 2014-11-04 | Analytiker möte 2014 |
| 2014-11-04 | Kvartalsrapport 2014-Q3 |
| 2014-08-19 | Kvartalsrapport 2014-Q2 |
| 2014-05-15 | Ordinarie utdelning TETY 0.00 SEK |
| 2014-05-14 | Årsstämma 2014 |
| 2014-05-06 | Kvartalsrapport 2014-Q1 |
| 2014-02-11 | Bokslutskommuniké 2013 |
| 2013-11-12 | Kvartalsrapport 2013-Q3 |
| 2013-08-20 | Kvartalsrapport 2013-Q2 |
| 2013-05-23 | Ordinarie utdelning TETY 0.00 SEK |
| 2013-05-22 | Årsstämma 2013 |
| 2013-05-07 | Kvartalsrapport 2013-Q1 |
| 2013-02-12 | Bokslutskommuniké 2012 |
| 2012-11-12 | Kvartalsrapport 2012-Q3 |
| 2012-08-20 | Kvartalsrapport 2012-Q2 |
| 2012-05-17 | Ordinarie utdelning TETY 0.00 SEK |
| 2012-05-16 | Årsstämma 2012 |
| 2012-05-14 | Kvartalsrapport 2012-Q1 |
| 2012-02-13 | Bokslutskommuniké 2011 |
| 2011-11-14 | Kvartalsrapport 2011-Q3 |
| 2011-08-22 | Kvartalsrapport 2011-Q2 |
| 2011-05-26 | Ordinarie utdelning TETY 0.00 SEK |
| 2011-05-25 | Årsstämma 2011 |
| 2011-05-19 | Årsstämma 2011 |
| 2011-05-09 | Kvartalsrapport 2011-Q1 |
| 2011-02-17 | Bokslutskommuniké 2010 |
| 2010-11-12 | Kvartalsrapport 2010-Q3 |
| 2010-08-20 | Kvartalsrapport 2010-Q2 |
| 2010-05-20 | Ordinarie utdelning TETY 0.00 SEK |
| 2010-05-19 | Årsstämma 2010 |
| 2010-05-12 | Kvartalsrapport 2010-Q1 |
| 2010-02-16 | Bokslutskommuniké 2009 |
| 2009-11-13 | Kvartalsrapport 2009-Q3 |
| 2009-08-20 | Kvartalsrapport 2009-Q2 |
| 2009-05-22 | Ordinarie utdelning TETY 0.00 SEK |
| 2009-05-20 | Kvartalsrapport 2009-Q1 |
| 2009-05-20 | Årsstämma 1 |
| 2008-03-03 | Split TETY 1:3 |
Beskrivning
| Land | Sverige |
|---|---|
| Lista | Mid Cap Stockholm |
| Sektor | Råvaror |
| Industri | Olja & gas |
Tethys Oil is pleased to announce the Company’s financial guidance for 2024:
- Production: annual average in the range of 8,200 ± 400 bopd
- Operating expenditures: USD 17.5 per barrel
- Investments: MUSD 90-94
Production
Tethys Oil expects full year 2024 average production on Blocks 3&4, Sultanate of Oman, to be in the range of 8,200 ± 400 barrels of oil per day. February production is expected to be lower than January production levels due to planned maintenance of the Saiwan East production facility for a period of nine days.
Operating expenditures
Tethys Oil expects the average operating expenditure to be approximately USD 17.5 per barrel for the full year 2024. Due to increased costs related to the ramp up of the Gas-to-Power project, opex is expected to be above the full year average of 17.5 barrel during the first half of 2024 and to decline to a level below the full year average in the second half of the year.
Administrative expenses
Tethys Oil expects the administrative expenses for the full year 2024 to be in the range of MUSD 6-8.
Investments
Tethys Oil’s investment in oil and gas properties in 2024 is expected to be in the range of MUSD 90-94.
Tethys Oil’s investments on Blocks 3&4 are expected to be in the range of MUSD 63-67 (MUSD 75.2 in 2023). During the year, MUSD 26.1 is expected to be spent on drilling (33.7), MUSD 6.3 on seismic acquisition (11.6) and MUSD 9.5 on the Gas-to-Power project (4.0).
2024 spending on Block 49 is expected to be MUSD 0.5 (0.5).
On Block 56, Tethys Oil’s 2024 investments are expected to amount to MUSD 8.0 (3.7). This relates mainly to the drilling of the exploration well in the central area which was delayed from 2023 and does not include any potential development expenditure.
On Block 58, Tethys Oil’s 2024 investments are expected to amount to MUSD 18.5 (2.2). The investments include the drilling of two exploration wells.
Tethys Oil’s investments in Oil and gas properties is expected to be funded by a combination of cash flow, cash on hand and external debt.
For further information, please contact
Magnus Nordin, Managing Director, phone +46 8 505 947 00
Petter Hjertstedt, CFO, phone +46 8 505 947 00
ir@tethysoil.com
Tethys Oil AB (publ)
Tethys Oil is an oil exploration and production company with focus on onshore areas with known oil discoveries. The company’s core area is the Sultanate of Oman, where it holds interests in Blocks 3&4, Block 49, Block 56 and Block 58. Tethys Oil has net working interest 2P reserves of 23.9 mmbo and net working interest 2C Contingent Resources of 14.6 mmbo and had an average oil production of 9,940 barrels per day during 2022. The company’s shares are listed on Nasdaq Stockholm (TETY). Website: www.tethysoil.com
This information is information that Tethys Oil is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2024-02-06 07:25 CET.