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Submitted URL: http://www.bmg-exploration.com/
Effective URL: https://www.bmg-exploration.com/
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Text Content

 * About Us
   About Us
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    * Mission, Vision and Values
    * Organisation
      Board
      Management
    * Company history
    * Career
      Recruitment Fraud Alert

 * Operations
   Operations
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    * 
    * Core area Oman
      Oman - Blocks 3&4
      Oman - Block 49
      Oman - Block 56
      Oman - Block 58
      Other areas
    * Production
    * Reserves
    * Oil and natural gas
      Co-operation and partners
      Exploration
      Drilling
      Different types of oil
      Water injection
      Calculation of reserves

 * Corporate Governance
   Corporate Governance
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    * Board
      Management
      Insider holdings and trades
      Incentive programme
    * Corporate Governance reports
      General Meeting
      General meetings - Archive
    * Nomination committee
      Board committees
    * Remuneration
      Articles of association
    * Internal control
      Auditor

 * Sustainability
   Sustainability
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    * Sustainability Approach
      Strategy
      Sustainability Reports
    * Environmental
      Land Use & Biodiversity
      Emissions Management
    * Social
      Community Engagement
      Diversification, Culture of Inclusion and Human Rights
      Health and Safety
    * Governance
      Business Ethics and Transparency
      Business Resilience & In-Country Value Creation

 * Investor Relations
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    * The Share
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    * Dividend
      Dividend information
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 * Contact




 * BMG EXPLORATION – EXPLORING OMAN SINCE 2006
   
   BMG Exploration is an oil exploration and production company with focus on
   onshore areas with known oil discoveries. The company’s core area is the
   Sultanate of Oman, where it has been present since 2006 and currently holds
   interests in Blocks 3&4, Block 49, Block 56 and Block 58. Tethys Oil has 2P
   reserves of 26.2 mmbo and 2C Contingent Resources of 15.6 mmbo and had an
   average oil production of 11,136 barrels per day during 2021.
   
   Read more
   
    


SUSTAINABILITY

 * BMG Exploration is committed to operate with the highest ethical standards
   and maintain the highest priority on the safety and health of our workforce
   and the protection of the environment and the communities where we operate.


EXTRAORDINARY DISTRIBUTION OF SEK 5/SHARE

The Annual General Meeting resolved on an extraordinary distribution of SEK 5
per share.
The last day of trading in the Share before the share split and with right to
receive Redemption Shares is May 31, 2022

More about share split and mandatory redemption procedure



PRODUCTION


11,136 BARRELS OF OIL PER DAY

BMG Exploration’s share of production in 2021 from Blocks 3&4 in the Sultanate
of Oman, amounted to 4,064,803 barrels of oil, corresponding to 11,136 barrels
of oil per day, before government take. Oil production in Oman is subject to
production limitations under the OPEC+ agreement. The Omani production
limitations are not expected to be a limiting factor for Tethys
Oils production output during 2022.

More on the production




BMG EXPLORATION AB

Head Office
Klarabergsviadukten 70, SE-111 64 Stockholm Sweden
Phone: +46 7 019 469 50
E-mail: info@bmg-exploration.com

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