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 plc    TLW   GB0001500809

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

Tullow Oil Clarifies Statement On Ngamia-1 Well

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/25/2012 | 04:58pm CET

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
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on TULLOW OIL PLC
08:48aDJTULLOW OIL : Discovers Oil at Erut-1 Well in Block 13 Trillion, Kenya
08:39a TULLOW OIL : Strikes Oil During Drilling Of Erut-1 Well In Northern Kenya
08:07a TULLOW OIL : Erut-1 oil discovery in Kenya
01/16 Tullow Oil Exiting Uganda's Oil Sector?
01/14 TULLOW OIL : to sell stake in Kenya oil wells after Uganda deal with Total
01/14 TULLOW OIL : British Oil Company Tullow Plans Possible Extended Exploration In K..
01/14 TULLOW OIL : appoints new CEO
01/13 TULLOW OIL : appoints Paul McDade as new CEO
01/12 Museveni, oil firm bosses meet over Tullow-Total deal
01/12 TULLOW OIL : s West Africa 2016 Oil Production In Line; Names Paul McDade CEO
More news
Sector news : Oil & Gas Exploration and Production - NEC
06:14p Exxon doubling Permian Basin holdings in U.S. for up to $6.6 billion
05:26pDJExxon Mobil Expands Permian Basin Footprint -- Update
08:49aDJNOBLE ENERGY : Sets $2.7 Billion Deal -- WSJ
12:06aDJNOBLE ENERGY : to Buy Oil and Gas Company Clayton Williams -- 2nd Update
01/16DJNOBLE ENERGY : to Buy Clayton Williams
More sector news : Oil & Gas Exploration and Production - NEC
News from SeekingAlpha
01/11 Tullow Oil's (TUWLF) CEO Aidan Heavey on Q3 2016 Results - Earnings Call Tran..
01/11 Tullow Oil's Heavey to step down as CEO in April, succeeded by McDade
01/09 Total expands Uganda presence with $900M deal for Tullow's Lake Albert stake
01/05 Tullow Oil CFO to take medical leave
2016 Seadrill Partners LLC - Tullow Declares 'Force Majeure' On The Semi-Submersib..
Advertisement
Financials ($)
Sales 2016 1 379 M
EBIT 2016 81,1 M
Net income 2016 -260 M
Debt 2016 4 831 M
Yield 2016 -
P/E ratio 2016 -
P/E ratio 2017 17,55
EV / Sales 2016 6,04x
EV / Sales 2017 4,53x
Capitalization 3 497 M
More Financials
Chart TULLOW OIL PLC
Duration : Period :
Tullow Oil plc Technical Analysis Chart | TLW | GB0001500809 | 4-Traders
Full-screen chart
Technical analysis trends TULLOW OIL PLC
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 25
Average target price 3,62 $
Spread / Average Target -4,2%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Aidan Joseph Heavey Chief Executive Officer & Executive Director
Simon Robert Thompson Chairman
Paul McDade Chief Operating Officer & Executive Director
Les Wood Chief Financial Officer
Angus Murray McCoss Executive Director & Exploration Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
TULLOW OIL PLC0.93%3 497
PACIFIC EXPLORATION AN..--.--%132 351
CONOCOPHILLIPS0.90%62 682
EOG RESOURCES INC4.24%60 753
CNOOC LTD1.87%56 717
OCCIDENTAL PETROLEUM C..-3.02%52 790
More Results