Tethys Oil Q4 2016 Earnings

Tethys Oil reported Q4 2016 production of 12,268 barrels per day with 2P reserves of 21.4 million barrels, achieving a 171% reserve replacement ratio. The company generated MUSD 20.7 in revenue and MUSD 9.6 in EBITDA, while maintaining net cash of MUSD 39.0 and proposing a SEK 1.00 per share dividend.