Tullow Oil PLC said on Monday that it has not found significant hydrocarbons at the Marina-1 well offshore Peru.
The oil-and-gas company said Marina-1--where it holds a 35% interest--will now be plugged and abandoned, as there were no indications of hydrocarbons in the primary targets and only minor gas shows were encountered.
"Tullow is building an extensive exploration position in Peru and, while this result is not what we had hoped for, we remain positive about Peru's wider offshore exploration potential", Chief Operating Officer Mark MacFarlane said.
Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT
"oil" - Google News
February 17, 2020 at 03:12PM
https://ift.tt/2P0jTr7
Tullow Oil to abandon offshore Peru well - MarketWatch
"oil" - Google News
https://ift.tt/2PqPpxF
Shoes Man Tutorial
Pos News Update
Meme Update
Korean Entertainment News
Japan News Update
Bagikan Berita Ini
0 Response to "Tullow Oil to abandon offshore Peru well - MarketWatch"
Post a Comment