Sunday 20 April 2014

Tullow Oil to abandon Ethiopian well

African-focused oil and gas miner Tullow says a well it drilled in Ethiopia had failed to find oil.

Tullow announced this morning that the well, referred to as the Tultule-1 wildcat well in the South Omo block onshore Ethipia, will be plugged and abandoned as a dry hole.

Tullow was the operator of this well with a 50pc interest along with partners Africa Oil (30pc) and Marathon (20pc).

The Irish-founded mining company added that the rig used on that site will now move to a different area of the country to drill another well.

Also in this Section




Meet, chat and connect with
singles in your area


Meet Singles Now



Now available on

Top Stories

Most Read

Independent Gallery

Your photos

Send us your weather photos promo

Celebrity News