Member access

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

TULLOW OIL PLC (TLW)

40
Delayed Quote. Delayed London Stock Exchange - 01/27 03:10:40 am
370.4 GBp   --.--%
01/26 TULLOW OIL : Kenya exploration and appraisal update
01/26DJLONDON MARKETS : U.K. Stocks Fall As Investors Absorb Syriza Win
01/24 TULLOW OIL : to Pay Kerio Locals
SummaryQuotesChart AnalysisNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

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

05/07/2012 | 08:23am US/Eastern

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, max.colchester@wsj.com

Stocks mentioned in the article : Tullow Oil plc, Tullow Oil plc
React to this article
Latest news on TULLOW OIL PLC
01/26 TULLOW OIL : Kenya exploration and appraisal update
01/26DJLONDON MARKETS : U.K. Stocks Fall As Investors Absorb Syriza Win
01/24 TULLOW OIL : to Pay Kerio Locals
01/24 TULLOW OIL : Good News On the Oil Exploration Front
01/24 TULLOW OIL : Oil Cash Blues
01/23 TULLOW OIL : updates exploration and production activities in Kenya
01/23 TULLOW OIL : Releases Exportation Results from Kenya
01/23 TULLOW OIL : delivers positive update on drilling onshore Kenya
01/22 TULLOW OIL : to proceed with oil search in the Kerio Basin
01/22 TULLOW OIL : Provides Update on its Activities in Kenya Blocks
Advertisement
Chart
Duration : Period :
Tullow Oil plc Technical Analysis Chart | TLW | GB0001500809 | 4-Traders
Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF