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 - 07/06 11:35:20 am
319.8 GBp   -4.14%
02:20p TULLOW OIL : Expresses Optimism On Future Gains
04:55a TULLOW OIL : Trading Statement and Operational Update
07/02 TULLOW OIL : Open graph title
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Tullow Oil Clarifies Statement On Ngamia-1 Well

05/25/2012 | 10:58am US/Eastern

Tullow Oil PLC (>> Tullow Oil plc) said Friday that at meeting earlier Friday it was inadvertently indicated that the Ngamia-1 well was drilling into the primary target and that initial results appeared to indicate that the well had intersected further oil bearing sands.

MAIN FACTS:

-Company wishes to clarify that the Ngamia-1 well has encountered oil and gas shows over a gross interval of 140 metres from a depth of 1,800 metres to 1,940 metres.

-The reservoirs are similar to those previously encountered at a shallower depth; well will continue to be drilled to a total depth of 2,700 metres and then logged and sampled.

-This is expected to take a further three weeks to complete.

-Shares at 1441 GMT, up 29 pence, or 2.13%, at 1,392 pence valuing the company at GBP12.6 billion.

-By Rory Gallivan, Dow Jones Newswires; 44-20-7842-9411; rory.gallivan@dowjones.com

Stocks mentioned in the article : Tullow Oil plc, Tullow Oil plc
React to this article
Latest news on TULLOW OIL PLC
02:20p TULLOW OIL : Expresses Optimism On Future Gains
04:55a TULLOW OIL : Trading Statement and Operational Update
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
Advertisement
Chart
Duration : Period :
Tullow Oil plc Technical Analysis Chart | TLW | GB0001500809 | 4-Traders
Income Statement Evolution
More Financials