Tethys Oil: Tethys Oil sells its stake in Lithuania

The oil company Tethys Oil has divested all its direct and indirect interests in Lithuania, according to a press release. "As a result of the sale, Tethys Oil has no remaining interests in Lithuania. No financial impact is expected to arise as a result of the divestment," the company writes. At the end of November, Roc Oil Company announced that it was extending the acceptance deadline for the bid for Tethys Oil from December 2 to December 16. The reason was that the company was still awaiting regulatory approval in Lithuania.