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Tullow Oil Issues Operational Update - Quick Facts

Tullow Oil plc (TLW.L) reported a successful first flow test of the Ngamia-1 well in Kenya. The Group said, at the Ngamia-1 well in Block 10BB, the first of six drill stem tests has been completed. The test was carried out in the Lower Lokhone formation. The well flowed 281 barrels of 30 degree API oil per day using a Progressive Cavity Pump. Tullow operates the Ngamia-1 well, and Africa Oil (50%) has a non-operated interest.

Tullow Oil said the Sabisa-1 well in the South Omo Block in Southern Ethiopia has been drilled to a total depth of 1,810 metres. Hydrocarbon indications in sands beneath a thick claystone top seal have been recorded whilst drilling, but hole instability issues have required the drilling of a sidetrack to comprehensively log and sample these zones of interest. The sidetrack recently commenced and a result is now expected in late May. Tullow (50%) is the operator of Sabisa-1 well, with Africa Oil (30%) and Marathon Oil (20%) having non-operated interests.

by RTTNews Staff Writer

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