Tethys Oil AB (OSTO:TETY)
kr 58.5 0.1 (0.17%) Market Cap: 1.89 Bil Enterprise Value: 1.78 Bil PE Ratio: 0 PB Ratio: 0.68 GF Score: 73/100
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Q3 2024 Tethys Oil AB Earnings Call Transcript

Nov 05, 2024 / 09:00AM GMT
Release Date Price: kr56.5 (-0.53%)
Magnus Nordin Tethys Oil AB;Managing Director

Good morning, everyone and welcome to yet another earning quarterly earnings call with Tethys Oil AB one that could possibly be our last in the public environment.

We have had quite an exciting quarter, possibly one of the most exciting quarters since the company public in 2004.

We have drilled an exploration well that we have been waiting for a long time to get off the ground.

We are hopefully very close to getting an FDP for our operating block 56 and we have received a public offer from Rock Oil of Australia for all the outstanding shares of tether.

Not bad for a third quarter, I do say so this could very well if the rock oil of Australia offer is accepted by shareholders. And I believe the first date for the acceptance period to end has been advised to be the 2nd of December. This could very well mean that this is our final quarterly report as a public company, but of course, we don't know what our shareholders are going to do. And while we continue to be a public company, we of course, strive to create value

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