Tue Nov 14, 2017 4:39 am
Tethys Oil AB has acquired the 15,449-sq-km Block 49 onshore Oman. The company said it has access to 11,000 km of 2D seismic collected by previous operators and cores from nine historical wells, including Dauka-1, which was the first well drilled in Oman in 1955. Several of the cores show traces of oil, the company said.