Tullow Oil | GlobalPost

Tullow fails to find more oil off French Guiana

Agence France-PresseApril 23, 2013 06:30

British exploration company Tullow Oil on Tuesday revealed that it had failed to locate more oil off the coast of French Guiana. "The Priodontes-1 well, offshore French Guiana, has now been drilled to a total depth of 6,318 metres in water depths of 1,750 metres," Tullow said in a statement. "Having encountered no hydrocarbons in the main target reservoir, the well has been plugged and abandoned." Tullow is part of a joint-venture exploration project involving Shell and Total that is searching for oil in deep waters off the French territory in South America.

Ex-div stocks drag Britain's FTSE 100 closer to 6,300

Thomson ReutersFebruary 13, 2013 11:52

* FTSE down 0.1 pct * Ex-divs take 17.4 points off the index * Vodafone on Kabel Deutschland purchase report * Tullow Oil rallies after results, Kenya update By David Brett LONDON, Feb 13 (Reuters) - Heavyweight stocks trading ex-dividend dragged on the FTSE 100 on Wednesday, outweighing gains in miners, as Britain's blue chip index continued to struggle to convincingly clear the 6,300 points hurdle. Falls in AstraZeneca, BP, Royal Dutch Shell and Sage Group had together knocked a hefty 17.41 points off the index by 1152 GMT.

UPDATE 2-Tullow eyes first commercial oil for Kenya

Thomson ReutersFebruary 13, 2013 11:15

* "First potentially commercial production" * Still a lot of exploration and appraisal to do * Shares up 5.2 pct By Andrew Callus LONDON, Feb 13 (Reuters) - Africa-focused oil company Tullow Oil Plc released a set of Kenyan well test results on Wednesday which it said could lead to the country's first commercial production.

Britain's FTSE hits 6,200 after Unilever earnings boost

Thomson ReutersJanuary 23, 2013 14:00

* FTSE 100 ends up 0.3 pct after hitting new 4 1/2 year high * Unilever touches all-time high after sales beat forecasts * Energy stocks led higher by Tullow on drilling speculation By Alistair Smout LONDON, Jan 23 (Reuters) - Britain's FTSE 100 share index hit the 6,200 level for the first time since May 2008 on Wednesday after Unilever got the UK earnings season off to an encouraging start, sending its stock to a record high.

UPDATE 3-Tullow drilling in spotlight after mixed 2012

Thomson ReutersJanuary 11, 2013 04:15

* Set to drill 49 wells this year * 2012 output undershoots; 2013 view below some forecasts * Uganda exploration wells find no commercial hydrocarbons * Shares down 5 percent * Jubilee FPSO capacity to be tested in coming weeks By Andrew Callus

Tullow plans busy start to 2013 drilling year

Thomson ReutersJanuary 11, 2013 03:30

LONDON, Jan 11 (Reuters) - Tullow Oil Plc, Europe's biggest independent oil and gas company, said it plans a busy start to the year for drilling news as its main African producing field, the Jubilee field in Ghana, ramps up to full capacity. In a trading statement, Tullow also said it would write off $219 million dollars for dry holes and licence relinquishments in the second half results.