Swedish Tethys plans to start natural gas exploration in Oman in 2009

Tethys Petroleum of Sweden stated that in the second half of 2009 production of natural gas will begin in Oman. The company plans to invest 15 million U.S. dollars in Oman.
Tethys Petroleum of Sweden has operating branches in Sweden, Spain, Turkey and France. The company currently has gas drilling projects in Morocco.
Tethys Petroleum plans to list on the Dubai International Financial Exchange and openly sell its shares at $25 per share. We hope to use the rich energy wealth of the Persian Gulf region to expand its financial capacity.

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