Tethys Oil AB (publ) provided production guidance for the full year 2022. For the year, the company expects full year 2022 average production to be in the range of 11,000 barrels to 11,500 barrels of oil per day with the outcome dependent upon the performance and timing of the wells to be drilled in the 2022 work programme. Under current circumstances, the OPEC+ production quotas are not expected to limit production output.

Monthly fluctuations outside of the yearly average production range is to be expected.