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Epic & Msn data
Epic TLW
Time: 16:35:01
Mid Price: 912.50
Change Today: -13.50 Descending
Change % Today: -1.46 Descending
Fifty Two Week High: 1045.00
Fifty Two Week Low: 419.00
Market Capital: 7320.64
Period & price data
Period Price
Now: 912.50
3 Months ago:
6 Months ago:
1 Year ago:
Additional information
Additional Information
Market: LSE
Sector: Energy
Epic: TLW
News: Latest news
Web Site: Tullow Oil
Other Articles: 25-03-200921-01-200908-01-2009

Crude Oil

Tullow Oil

Tullow is a leading independent oil & gas, exploration and production group, quoted on the London and Irish Stock Exchanges (symbol: TLW) and is a constituent of the FTSE 100 Index. The Group has interests in over 100 exploration and production licences across 23 countries and focuses on four core areas: Europe, Africa, South Asia and South America.

Tullow's European interests are primarily focused on gas in the UK Southern North Sea where it has significant interests in the Caister-Murdoch System and the Thames-Hewett areas and operates over 70% of its production. The company also has interests offshore the Netherlands and Portugal.

In Africa, Tullow has exploration and production in Gabon, Côte d'Ivoire, Mauritania and Equatorial Guinea and two large appraisal and development programmes in Ghana and Uganda. Tullow also has exploration interests in Mauritania, Senegal, Congo (DRC), Tanzania, Madagascar, Namibia and Angola.

In South Asia, Tullow has exploration and production in Pakistan and Bangladesh and high impact exploration activities in India.

In South America Tullow has high impact exploration interests in Trinidad and Tobago, French Guiana and Suriname. 


Thursday, January 08, 2009

Tullow Oil says Mahogany-3 well offshore Ghana finds significant oil columns

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Tullow Oil PLC said the Mahogany-3 well in the West Cape Three Points licence offshore Ghana has intersected significant light oil columns in both the Jubilee field appraisal objective and a deeper exploration target. In total, 33 metres of net pay have been penetrated.


The primary objective of Mahogany-3 was to appraise the Jubilee field reservoir section away from the strong seismic amplitudes which have been the main targets to date.


Results of drilling, wireline logs and samples of reservoir fluid indicate that 16 metres of high quality stacked oil bearing sandstones have been encountered. This confirms a significant extension of the Jubilee field to the southeast.


The secondary objective of the well was to drill Mahogany Deep, an exploration target which has been identified on 3D seismic but lies at a previously untested level. In this section, the well encountered 17 metres of good quality oil bearing reservoir sandstones. This success opens up further potential in the region and is the subject of ongoing evaluation.


Following the conclusion of activities on Mahogany-3, the rig will move to the Tweneboa-1 exploration well location in the Deepwater Tano block. Drilling activities are expected to commence before the end of January.


Tullow has a 22.9 percent interest in the West Cape Three Points licence. Other partners include operator Kosmos Energy with 30.875 percent and Anadarko Petroleum with 30.875 percent.

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