AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

TULLOW OIL PLC

Legal Proceedings Report Jun 22, 2015

4803_rns_2015-06-22_16b2856e-125c-4a72-b585-2f25ce721ab5.html

Legal Proceedings Report

Open in Viewer

Opens in native device viewer

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 8896Q

Tullow Oil PLC

22 June 2015

News Release

Norway exploration well update

22 June 2015 - Tullow Oil plc ('Tullow') announces that the Zumba exploration well (6507/11-11) in licence area PL 591 in the Norwegian Sea has not encountered hydrocarbons and will now be plugged and abandoned.

The primary objective of the well was to prove hydrocarbons in the Upper Jurassic Rogn Formation with a secondary target in the Mid-Jurassic Garn Formation of the Fangst Group. The well found no reservoir development in the Rogn Formation and, while the Garn Formation had good reservoir quality, no hydrocarbons were present in either target.

The well was drilled by the Leiv Eiriksson rig in 270 metres of water to a Total Depth of 2875 metres.

Tullow Oil Norge AS is the operator of PL 591 with 40% equity. Lime Petroleum Norway AS (25%), Rocksource (20%*) and North Energy ASA (15%) hold non-operated interests.

*subject to regulatory approval

FOR FURTHER INFORMATION CONTACT:

Tullow Oil plc

(London)

(+44 20 3249 9000)

Chris Perry (Investor Relations)

James Arnold (Investor Relations)

George Cazenove (Media Relations)
Citigate Dewe Rogerson

(London)

(+44 207 638 9571)

Martin Jackson

Shabnam Bashir
Murray Consultants

(Dublin)

(+353 1 498 0300)

Pat Walsh

Joe Heron

NOTES TO EDITORS

Tullow Oil plc

Tullow is a leading independent oil & gas, exploration and production group, quoted on the London, Irish and Ghanaian stock exchanges (symbol: TLW). The Group has interests in over 130 exploration and production licences across 22 countries which are managed as three regional business units: West & North Africa, South & East Africa and Europe, South America and Asia.

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

IR & Media App: bit.ly/TullowApp                                              Website: www.tullowoil.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCLLFLDRVIFFIE

Talk to a Data Expert

Have a question? We'll get back to you promptly.