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    TLW   GB0001500809

TULLOW OIL (TLW)
Mes dernières consult.
Most popular
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Tullow Oil Exploratory Wells Encounter Water Bearing Reservoirs

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/19/2012 | 01:34pm CEST

Tullow Oil PLC (>> Tullow Oil plc), a oil and gas exploration company, said Thursday that its Mercury-2 exploratory appraisal well in Sierra Leone and its Kosrou-1 exploration well in Cote d'Ivoire have both encountered water bearing reservoirs with oil shows.

MAIN FACTS:

-The Discoverer Spirit drillship drilled Mercury-2 to a final depth of 5,142 meters in water depths of 1,815 meters.

-Anadarko (55%) is operator of offshore Block SL-07B-11 along with partners Repsol (25%) and Tullow (20%).

-The Eirik Raude semi-submersible drilled Kosrou-1 to a final depth of 5,241 meters in water depths of 2,275 meters.

-On completion of operations the rig will return to the Paon-1 location to complete the drilling of that well.

-Anadarko (50%) is operator of offshore Block CI-105 along with partners Tullow (22%), Petroci (15%) and Thani (13%).

-Well data will now be integrated into regional models to improve chances of making a hub-class discovery with the ongoing campaign which includes the Strontium-1 well in Liberia and the Paon-1 well in Cote d'Ivoire.

-Tullow Oil shares at 1109 GMT up 1%, at 1538 pence, valuing the company at GBP13.9 billion.

-By Mark Shapland, Dow Jones Newswires; +44 207 8429358; [email protected]

Stocks mentioned in the article : Tullow Oil plc
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on TULLOW OIL
10/17 TULLOW OIL : S. Sudan's first-ever energy conference attracts 400 delegates
10/16 TULLOW OIL : South Sudan's First Energy Event Attracts 400 Delegates, Catalyst f..
10/16 TULLOW OIL : South Sudan's First Energy Event Attracts 400 Delegates, Catalyst f..
10/16 TULLOW OIL : awarded four licences in Cote d'Ivoire
10/15 TULLOW OIL : Awarded Four Licences In Côte d’Ivoire
10/13 TULLOW OIL : awarded four licences in Côte d’Ivoire
10/12DJTULLOW OIL : Buys Land in Ivory Coast for Oil Exploration
10/12 TULLOW OIL : awarded four licences in Côte d’Ivoire
10/09 TULLOW OIL : Hoima-lokichar-lamu crude oil pipeline (uganda-kenya crude oil pipe..
10/09 TULLOW OIL : ONGC Videsh completes acquisition of 30% participating interest in ..
More news
News from SeekingAlpha
09/26 Total looks to make foray into offshore Guyana for as much as $13.5M
09/25 Tullow to ramp TEN output after Ghana-Ivory Coast ocean boundary ruling
08/27 THE NEST EGG PORTFOLIO : Is Total's 5.8% Dividend Yield Sustainable?
08/07 Uganda picks group including GE to build oil refinery
07/26 Tullow Oil's (TUWLF) CEO Paul McDade on Q2 2017 Results - Earnings Call Trans..
Financials ($)
Sales 2017 1 618 M
EBIT 2017 87,1 M
Net income 2017 -246 M
Debt 2017 3 474 M
Yield 2017 -
P/E ratio 2017 -
P/E ratio 2018 24,41
EV / Sales 2017 4,21x
EV / Sales 2018 3,86x
Capitalization 3 333 M
Chart TULLOW OIL
Duration : Period :
Tullow Oil Technical Analysis Chart | TLW | GB0001500809 | 4-Traders
Technical analysis trends TULLOW OIL
Short TermMid-TermLong Term
TrendsBullishNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 25
Average target price 2,63 $
Spread / Average Target 9,1%
EPS Revisions
Managers
NameTitle
Paul McDade Chief Executive Officer & Executive Director
Aidan Joseph Heavey Chairman
Les Wood Chief Financial Officer & Executive Director
Angus Murray McCoss Executive Director & Exploration Director
Tutu Agyare Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
TULLOW OIL-31.47%3 333
CONOCOPHILLIPS-0.86%60 495
CNOOC LTD3.63%58 046
EOG RESOURCES INC-4.39%55 816
OCCIDENTAL PETROLEUM CORPORATION-9.27%49 414
CANADIAN NATURAL RESOURCES LIMITED-3.84%40 339