Member access

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

TULLOW OIL PLC (TLW)

44
Delayed Quote. Delayed London Stock Exchange - 03/05 11:35:14 am
356.5 GBp   -1.00%
10:01a TULLOW OIL : Ghana and Cote d'Ivoire Maritime Boundary Arbitration U..
01:25a TULLOW OIL : slips out of FTSE 100
03/04 Hikma hits Tullow Oil out of FTSE 100
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
10:01a TULLOW OIL : Ghana and Cote d'Ivoire Maritime Boundary Arbitration Update
01:25a TULLOW OIL : slips out of FTSE 100
03/04 Hikma hits Tullow Oil out of FTSE 100
03/04DJHikma Pharmaceuticals Replaces Tullow in UK's FTSE 100 Index
03/04 Hikma Pharma Replaces Tullow Oil In FTSE 100; AA, Virgin Money Join FTSE 250
03/04 TULLOW OIL : Maritime Dispute Between Ghana And Ivory Coast Threatens Tullow Oil..
03/03DJLONDON MARKETS : FTSE 100 Yanked Lower As Barclays, Glencore Drop
03/03 Tullow Oil To Drop Into FTSE 250, Hikma To Move Up To FTSE 100
03/03DJLONDON MARKETS : FTSE 100 Loses Ground As Barclays, Glencore Fall
03/03 TULLOW OIL : FTSE fails to build on record high ; YESTERDAY IN THE CITY
Advertisement
Chart
Duration : Period :
Tullow Oil plc Technical Analysis Chart | TLW | GB0001500809 | 4-Traders
Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF