Tethys Oil AB (publ)’s application for listing on NASDAQ OMX Stockholm has been approved and today is the first day of the share being traded on the exchange’s Mid Cap segment.
The listing means that trading in the Tethys Oil share is moved from NASDAQ OMX First North. Tethys Oil is an energy company focused on exploration and production of oil and natural gas. The company’s core area is Oman, where Tethys Oil is one of the largest onshore oil and gas concession holders, but the company also holds assets in Lithuania, France and Sweden.
Gernandt & Danielsson has advised the company and its financial advisor Pareto Öhman in the listing process, through a team led by partner Carl Westerberg and associate Oscar Anderson.