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John Olaisen ... (+2)
  • John Olaisen
  • Karl Fredrik Schjøtt-Pedersen

Tethys Oil - Consistent operations

Higher oil price assumptions Consistent operations Discounts oil around USD 55/bbl

John Olaisen ... (+2)
  • John Olaisen
  • Karl Fredrik Schjøtt-Pedersen

Tethys Oil - No imminent trigger in Thameen-1

Q2 on the soft side, but limited revisions No imminent trigger in Thameen-1 Discounts oil at USD 47/bbl

John Olaisen ... (+2)
  • John Olaisen
  • Karl Fredrik Schjøtt-Pedersen

Tethys Oil - Q2 EBITDA on the soft side

EBITDA 9% below cons Unconventional approach likely on Thameen-1 Report unlikely to trigger meaningful ’21 revisions

John Olaisen ... (+2)
  • John Olaisen
  • Karl Fredrik Schjøtt-Pedersen

Tethys Oil - Working towards exploration in Q4

Production down ~5% sequentially We expect steady progress towards Q4 exploration Discounts a Brent oil price of ~USD 50/bbl

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