REG - Tullow Oil PLC Tullow Oil PLC - FP Tullow Oil PLC - NP - Well Update - Guyana

Tullow OilAnnouncement

05/08/2022 07:00

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RNS Number : 9973U  Tullow Oil PLC  05 August 2022

TULLOW OIL PLC

 

well update - GUYANA

 

5 August 2022 - Tullow Oil plc (Tullow) announces that drilling operations at
the Beebei-Potaro exploration well, drilled in the Kanuku licence, offshore
Guyana, have been completed. The well encountered good quality reservoir in
the primary and secondary targets but both targets were water-bearing.

 

The Noble Regina Allen rig drilled the Beebei-Potaro well to a Total Depth of
4325 metres in 71 metres of water and the well has been plugged and abandoned.
Tullow will integrate the well results into its regional subsurface models and
work with its joint venture partners before deciding on next steps.

 

Repsol is the operator of the Kanuku licence with a 37.5% working interest.
Tullow holds 37.5% with TOQAP holding 25%.

 

CONTACTS

 Tullow Oil plc               Camarco

 (London)                     (London)

 (+44 20 3249 9000)           (+44 20 3781 9244)

 George Cazenove (Media)      Billy Clegg

 Robert Hellwig (Investors)   Georgia Edmonds

 Matthew Evans (Investors)    Rebecca Waterworth

 

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 30
exploration and production licences across eight countries. In March 2021,
Tullow committed to becoming Net Zero on its Scope 1 and 2 emissions by 2030.
For further information, please refer to our website at www.tullowoil.com
(http://www.tullowoil.com/) .

Follow Tullow on:

Twitter: www.twitter.com/TullowOilplc (http://www.twitter.com/TullowOilplc)

YouTube: www.youtube.com/TullowOilplc (http://www.youtube.com/TullowOilplc)

Facebook: www.facebook.com/TullowOilplc (http://www.facebook.com/TullowOilplc)

LinkedIn: www.linkedin.com/company/Tullow-Oil
(http://www.linkedin.com/company/Tullow-Oil)

 

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