Log in
Login
Password
Remember
Lost password
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

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

TULLOW OIL PLC (TLW)

53
Delayed Quote. Delayed London Stock Exchange - 07/03 11:35:19 am
333.6 GBp   -4.69%
07/02 TULLOW OIL : Open graph title
07/02 TULLOW OIL : optimistic half year forecast fails to push shares up
07/01DJEUROPE MARKETS : European Stocks Climb As Greece Presses On With Bai..
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
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
07/02 TULLOW OIL : Open graph title
07/02 TULLOW OIL : Jubilee exporting gas to Ghana
07/02 TULLOW OIL : optimistic half year forecast fails to push shares up
07/02 TULLOW OIL : provides production update on Jubilee, other fields
07/02 TULLOW OIL : Enjoys Strong Oil Production in West Africa
07/01DJEUROPE MARKETS : European Stocks Climb As Greece Presses On With Bailout Referen..
07/01DJEUROPE MARKETS : European Stocks Climb As Greece Presses On With Bailout Referen..
07/01DJUganda Selects 17 Oil Companies for Second Bidding Round
07/01 TULLOW OIL : Use Tullow money to operationalize Petroleum Authority of Uganda
07/01DJTullow Sees 1st Half Profit More Than Halving Amid Lower Oil Prices
Advertisement
Chart
Duration : Period :
Tullow Oil plc Technical Analysis Chart | TLW | GB0001500809 | 4-Traders
Income Statement Evolution
More Financials