Tullow Oil PLC Well Update - Suriname (6270S)
March 18 2021 - 3:00AM
UK Regulatory
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RNS Number : 6270S
Tullow Oil PLC
18 March 2021
TULLOW OIL PLC
well update - suriname
18 March 2021 - Tullow Oil plc (Tullow) announces that the
Goliathberg-Voltzberg North exploration well, drilled in Block 47,
offshore Suriname, has reached Total Depth and encountered good
quality reservoir but only minor oil shows.
The Stena Forth drillship drilled the Goliathberg-Voltzberg
North well to a Total Depth of 5,060 metres in 1,856 metres of
water and the well will now be plugged and abandoned. Tullow and
its partners will then assess the data gathered from the well and
carefully consider next steps.
Tullow is the operator of Block 47 with a 50% stake. Petroandina
Resources Corporation N.V. (Pluspetrol) holds 30% with Ratio
Suriname Limited holding the remaining 20%.
CONTACTS
=========================================== ===================
Tullow Oil plc Murrays
(London) (Dublin)
(+44 20 3249 9000) (+353 1 498 0300)
George Cazenove (Media) Pat Walsh
Matthew Evans and Chris Perry (Investors) Joe Heron
=========================================== ===================
Notes to editors
Tullow is an independent oil & gas, exploration and
production group which is quoted on the London, Irish and Ghanaian
stock exchanges (symbol: TLW) and is a constituent of the FTSE250
index. The Group has interests in over 50 exploration and
production licences across 11 countries including Ghana where it
operates the Jubilee and TEN fields. In March 2021, Tullow
committed to becoming Net Zero on its Scope 1 and 2 emissions by
2030.
Follow Tullow on:
Twitter: www.twitter.com/TullowOilplc
YouTube: www.youtube.com/TullowOilplc
Facebook: www.facebook.com/TullowOilplc
LinkedIn: www.linkedin.com/company/Tullow-Oil
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