Tethys Oil

Report Publication Announcement • Feb 4, 2020

Press release 2020-02-04

Presentation of Tethys Oil's fourth quarter 2019

Tethys Oil will publish the interim report for the fourth quarter of 2019 on Tuesday 11 February 2020 at approximately 7:30 CET. The Company has scheduled a webcasted conference call the same day at 10.00 CET. Magnus Nordin, Managing Director, and Petter Hjertstedt, Acting CFO, will present the report and recent developments.

The English language live webcast may be accessed on www.tethysoil.com. An on demand version will also be available on Tethys Oil's website.

Link to webcast: https://edge.media-server.com/mmc/p/hf5hvex6

To participate via phone, please call:

Sweden: +46 8 566 426 51 / PIN: 62128236# Switzerland: +41 225 809 034 / PIN: 62128236# UK: +44 333 300 0804 PIN: 62128236# United States (Toll-Free): +1 855 857 0686 PIN: 62128236#

For further information, please contact

Magnus Nordin, Managing Director, phone +46 8 505 947 00 or Petter Hjertstedt, Acting CFO, phone +46 8 505 947 00

Tethys Oil AB (publ)

Tethys Oil is a Swedish oil company with focus on onshore areas with known oil discoveries. Tethys Oil's core area is Oman, where the company holds 2P reserves of 25 mmbo and 2C Contingent Resources of 13 mmbo and had an average oil production of 11,767 barrels per day from Blocks 3&4 during 2018. Tethys Oil also has onshore exploration licences in Lithuania and France and some production in Lithuania. The shares are listed on Nasdaq Stockholm (TETY). Website: www.tethysoil.com