The London-based group said the well, which has been drilled to a depth of 4325 metres, still displayed "good quality reservoir" in its primary and secondary targets.
(Reporting by Muhammed Husain in Bengaluru; Editing by Sherry Jacob-Phillips)
Delayed
Other stock markets
|
5-day change | 1st Jan Change | ||
34.96 GBX | -2.40% | -3.69% | -10.17% |
03-26 | Bank of America Upgrades Tullow Oil to Buy from Underperform, Boosts PT | MT |
03-26 | Dr Martens cut to 'sell'; BofA likes Tullow | AN |
(Reuters) - Tullow Oil said on Friday it would abandon drilling operations at Beebei-Potaro exploration well in offshore Guyana after results showed the well bore water.
The London-based group said the well, which has been drilled to a depth of 4325 metres, still displayed "good quality reservoir" in its primary and secondary targets.
(Reporting by Muhammed Husain in Bengaluru; Editing by Sherry Jacob-Phillips)
Price
|
Change
|
5d. change
|
Capi.
| ||
---|---|---|---|---|---|
82.56 USD | -0.46% | -3.88% | - | ||
77.65 USD | -0.59% | -4.28% | - | ||
1st Jan change | Capi. | |
---|---|---|
-10.17% | 639M | |
+9.06% | 300B | |
+6.44% | 144B | |
+53.69% | 125B | |
+20.84% | 81.79B | |
+7.70% | 74.86B | |
+19.90% | 63B | |
+8.98% | 57.68B | |
+9.94% | 48.67B | |
+31.34% | 36.33B |