Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  London Stock Exchange  >  Tullow Oil    TLW   GB0001500809

TULLOW OIL (TLW)
Mes dernières consult.
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Tullow Finds More Than 100 Meters Of Net Oil In Kenyan Well

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/07/2012 | 02:23pm CET

Tullow Oil PLC (>> Tullow Oil plc) said Monday that it has encountered in excess of 100 meters of net oil pay, or thickness, at its Kenyan well.

The discovery was across several reservoir zones and came as Tullow deepens its Ngamia-1 well.

"The net pay encountered so far in Ngamia-1 is more than double that encountered in any of our East African exploration wells to date," said Angus McCoss, exploration director at Tullow. "We now look forward to the drilling and evaluation of the deeper potential of this well and the acceleration of our seismic and drilling campaigns in the region."

Ngamia-1 will be drilled to a depth of 2,700 meters, the company said.

In March the London-listed explorer said it found oil at a well in the north-western region of Turkana, where it was assessing the commercial viability of crude prospects in the Ngamia geological structure. The discovery follows major finds in Ghana, Uganda and French Guiana.

Tullow has a 50% operated interest in seven onshore licenses in the Kenya & Ethiopia Rift Basins covering in excess of 100,000 square kilometers.

-By Max Colchester, Dow Jones Newswires; +44 (0) 207 842 9295, [email protected]

Stocks mentioned in the article : Tullow Oil plc, Tullow Oil plc
Valeurs citées dans l'article
ChangeLast1st jan.
TULLOW OIL -0.52% 181 Delayed Quote.-16.21%
TULLOW OIL PLC 0.00% 2.08 End-of-day quote.-8.49%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on TULLOW OIL
02/21ECO (ATLANTIC) OIL & GAS : Announces Guyana Operations Update
AQ
02/21ECO ATLANTIC OIL & GAS : Says Orinduik Block Has Potential for 1 Billion BOE
DJ
02/21ECO ATLANTIC OIL & GAS : Entry into Phase Two of initial Period of the Orinduik ..
AQ
02/21ECO ATLANTIC OIL & GAS : Announces Guyana Operations Update
AQ
02/17TULLOW OIL : Export of Oil Expected to Start Early
AQ
02/15TULLOW OIL : Export of oil expected to start early
AQ
02/15TULLOW OIL : names new head of Ghana operations
RE
02/13AFRICA OIL : Provides Kenya Operations Update
AQ
02/12TULLOW OIL : Prepares to Re-Start Drilling Offshore in Ghana
AQ
02/09AFRICA OIL CORP. : - Kenya Operations Update
AQ
More news
News from SeekingAlpha
02/07Tullow Oil Plc. 2017 Q4 - Results - Earnings Call Slides 
02/07Tullow Oil's (TUWLF) CEO Paul McDade on Q4 2017 Results - Earnings Call Trans.. 
02/07Tullow Oil reports FY results 
01/10Tullow says 2017 generated $500M in free cash flow 
2017Tullow Oil Is Good And Could Become Great Again 
Financials ($)
Sales 2018 1 750 M
EBIT 2018 677 M
Net income 2018 281 M
Debt 2018 2 846 M
Yield 2018 0,05%
P/E ratio 2018 12,06
P/E ratio 2019 12,30
EV / Sales 2018 3,62x
EV / Sales 2019 3,16x
Capitalization 3 480 M
Chart TULLOW OIL
Duration : Period :
Tullow Oil Technical Analysis Chart | TLW | GB0001500809 | 4-Traders
Technical analysis trends TULLOW OIL
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 23
Average target price 2,83 $
Spread / Average Target 13%
EPS Revisions
Managers
NameTitle
Paul McDade Chief Executive Officer & Executive Director
Aidan Joseph Heavey Chairman
Les Wood Chief Financial Officer & Executive Director
Angus Murray McCoss Executive Director & Exploration Director
Tutu Agyare Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
TULLOW OIL-16.21%3 480
CONOCOPHILLIPS1.13%65 335
CNOOC LTD1.07%64 824
EOG RESOURCES-1.07%62 425
OCCIDENTAL PETROLEUM CORPORATION-5.17%52 159
CANADIAN NATURAL RESOURCES LIMITED-9.54%38 166