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
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 CEST

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
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on TULLOW OIL
09/07 Eco Atlantic and Tullow Oil complete 2,500 km2 3D Seismic Survey Offshore Guy..
09/06 ECO ATLANTIC : & Tullow Complete Seismic Survey Offshore Guyana
09/05 Eco Atlantic and Tullow Oil complete 2,500 km2 3D Seismic Survey Offshore Guy..
09/05DJECO ATLANTIC OIL & GAS : Tullow Oil Complete 3D Seismic Survey in Guyana
08/30 AFRICA OIL : What entry of Total into Turkana oil basin means
08/28 Eco Oil & Gas Ltd. - First Quarter Results for the three months ended 31 June..
08/28 TOTAL : Seeking Kampala-Dar Pipeline Route for Kenya Oil
08/17 TULLOW OIL : British High Commissioner Welcomes Tullow`s Oil Exploration Project
08/17 TULLOW OIL : to move to 3D surveys of Jamaican blocks
08/16 TULLOW OIL : British High Commissioner Welcomes Tullow's Oil Exploration Project
More news
News from SeekingAlpha
08/27 THE NEST EGG PORTFOLIO : Is Total's 5.8% Dividend Yield Sustainable?
08/07 Uganda picks group including GE to build oil refinery
07/26 Tullow Oil's (TUWLF) CEO Paul McDade on Q2 2017 Results - Earnings Call Trans..
07/26 Tullow Oil reports 1H results
07/26 Tullow Oil reports Q2 results
Financials ($)
Sales 2017 1 628 M
EBIT 2017 92,8 M
Net income 2017 -174 M
Debt 2017 3 500 M
Yield 2017 -
P/E ratio 2017 -
P/E ratio 2018 22,22
EV / Sales 2017 4,05x
EV / Sales 2018 3,73x
Capitalization 3 097 M
Chart TULLOW OIL
Duration : Period :
Tullow Oil Technical Analysis Chart | TLW | GB0001500809 | 4-Traders
Technical analysis trends TULLOW OIL
Short TermMid-TermLong Term
TrendsNeutralBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 25
Average target price 2,55 $
Spread / Average Target 14%
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-40.74%3 097
CONOCOPHILLIPS-7.24%57 866
CNOOC LTD-1.66%54 262
EOG RESOURCES INC-7.79%53 778
OCCIDENTAL PETROLEUM CORPORATION-13.87%47 296
CANADIAN NATURAL RESOURCES LIMITED-5.75%40 034