Middle East Economic Survey

VOL. L

No 40

01-October-2007

UAE

Swedens Tethys Oil Applies For DIFX Listing

Swedens Tethys Oil on 25 September announced it had applied for a secondary listing on the Dubai International Financial Exchange (DIFX). The move came as the company wanted to broaden its activities in the Gulf region following successful drilling operations in Omans Block 15 (MEES, 2 July). Successfully testing some 2,500 b/d of oil equivalent from the Jebel Aswad well onshore Oman has lead to...