Tullow Oil: Zumba Exploration Well in Norwegian Sea Will Be Plugged and Abandoned
June 22 2015 - 2:05PM
Dow Jones News
By Rory Gallivan
LONDON--London-listed Tullow Oil PLC (TLW.LN) announced Monday
after the market closed that it will abandon the Zumba exploration
well in the Norwegian North Sea after it failed to find oil.
Tullow is the operator of the well and has a 40% stake. Lime
Petroleum Norway AS has a 25% stake, Rocksource ASA (RKSFF) has
20%, and North Energy ASA (NORTH.OS) has 15%./
Write to Rory Gallivan at rory.gallivan@wsj.com; Twitter:
@RoryGallivan
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