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Oil find for Tullow

IRISH exploration firm Tullow Oil has discovered a "major new oil field" off the coast of Ghana. The company said that the Owo-1 exploration sidetrack "significantly" extended the column of high quality light oil discovered by the Owo-1 well.

The company said that the Owo-1 exploration sidetrack "significantly" extended the column of high quality light oil discovered by the Owo-1 well.

Tullow's exploration director Angus McCoss said the sidetrack had proved a "very substantial" 200m gross oil column.


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