2nd Oct 2007 07:00
Tullow Oil PLC02 October 2007 Successful Mputa-4 appraisal well in Uganda 2 October 2007 - Tullow Oil plc (Tullow) announces the successful drilling andlogging of the Mputa-4 appraisal well in Uganda's Block 2 which the Groupoperates with a 100% interest. Mputa 4 is located 1km east of the Mputa-1 discovery well and was drilled totest an adjacent fault block. The well reached a total depth of 1,073m andencountered three separate oil bearing zones with a total net pay of 15.4m.Downhole pressure testing and sampling indicated moveable light sweet crude withvery good permeabilities as seen in the other Mputa wells. Mputa-4 is the third and final well being drilled as part of the Kaiso-Tonyaappraisal programme and has proved the lateral extent of oil bearing reservoirsacross the region. The data from this programme, which includes ongoing 3Dseismic and the possibility of further production testing on existing wells,will help to determine the ultimate reserve potential of the area and providecritical information for the Early Production System development. Commenting today, Aidan Heavey, Chief Executive of Tullow said: "We are very pleased with the results of the three-well appraisal programme inthe Kaiso-Tonya area. The programme, which was completed on time and withinbudget, has improved our understanding of the ultimate reserve potential of thisonshore region, and will be further enhanced over the coming months by theresults from the ongoing 3D seismic acquisition. Activity in Uganda continuesapace with the high impact Ngassa well scheduled to spud in October." For further information contact: Tullow Oil plc Citigate Dewe Rogerson Murray Consultants(+44 20 8996 1000) (+44 20 7638 9571) (+353 1 498 0300)Tom Hickey Martin Jackson Joe MurrayAngus McCoss Kate DelahuntyChris Perry Notes to Editors Tullow is a leading independent oil & gas, exploration and production group,quoted on the London and Irish Stock Exchanges (symbol: TLW) and is aconstituent of the FTSE 100 Index. The Group has interests in 120 explorationand production licences across 24 countries and focuses on four core areas:Europe, Africa, South Asia and South America. Tullow's European interests are primarily focused on gas in the UK SouthernNorth Sea where it has significant interests in the Caister-Murdoch System andthe Thames-Hewett areas and operates over 70% of its production. In Africa, Tullow has exploration and production in Gabon, Cote d'Ivoire, Congo(Brazzaville), Mauritania and Equatorial Guinea and a gas field development inNamibia. Tullow also has exploration programmes in Mauritania, Senegal,Cameroon, Uganda, Congo (DRC), Tanzania, Madagascar, Angola and Ghana. In South Asia, Tullow has exploration and production in Pakistan and Bangladeshand high impact exploration activities in India. In South America Tullow has high impact exploration interests in Trinidad andTobago, French Guiana and Suriname. For further information please refer to our website at www.tullowoil.com ENDS This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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