Tethys Oil

Report Publication Announcement • Apr 20, 2016

Press release 2016-04-20

Presentation of Tethys Oil's first quarter 2016

Tethys Oil will publish the interim report for the first quarter of 2016 on Tuesday 3 May 2016 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 Morgan Sadarangani, 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: http://edge.media-server.com/m/p/3ckcbbi6

To participate via phone, please call:

Sweden: +46 8 505 564 74 Switzerland: +41 225 675 541 UK: +44 203 364 5374 North America: +1 855 753 2230

For further information, please contact

Magnus Nordin, Managing Director, phone +46 8 505 947 00 or Morgan Sadarangani, CFO, phone +46 8 505 947 01

Tethys Oil AB (publ)

Tethys Oil is a Swedish energy company focused on exploration and production of oil. Tethys Oil's core area is the Sultanate of Oman, where the company is one of the largest onshore oil concession holders with a current net production in excess of 11,000 barrels of oil per day. Tethys Oil also has exploration and production assets onshore Lithuania and France. The shares are listed on Nasdaq Stockholm (TETY).

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Website: www.tethysoil.com