8th Aug 2006 07:02
Tullow Oil PLC08 August 2006 News release Tullow Oil Plc - Mputa Well Test Update 8 August 2006 - Hardman Resources, the operator of the Mputa well test inUganda, in which Tullow Oil Plc (Tullow) is a 50% partner, today issued thefollowing press release. Uganda: Mputa-1 flow test -Block 2 At 08:00 on 6 August 2006, flow testing commenced on the Mputa-1 discovery wellin Block 2. Tests of three intervals are planned at this location. Operationscommenced with a speculative test on the fractured granite basement play wherehydrocarbons were encountered during drilling. This test recovered only minoramounts of oil, likely due to a restricted and tight fracture system. The two principal tests aim to confirm fluid characteristics and flow potentialof oil bearing sand intervals similar to those successfully tested at Waraga-1in the last quarter. The testing of the first of two sand intervals shouldcommence towards the end of this week. Equities in Block 2 are: Block 2Hardman Petroleum Africa Pty Ltd (Operator) 50.0%Tullow Oil 50.0% Times and dates for Ugandan wells refer to Uganda time (GMT+3 hours), fivehours behind Western Standard Time (Perth, Australis). 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 George Cazenove Joe MurrayAngus McCoss Notes to Editors Tullow is aleading independent oil & gas, exploration and production group,quoted on the London and Irish Stock Exchanges (symbol: TLW) and is a constituentof the FTSE 250 Index. The Group has interests in approximately 90 explorationand production licences in 15 countries and focuses on three core areas: NWEurope,Africa and South Asia. Tullow's NW Europe 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 60% of its production. In Africa,Tullow has production and exploration in Gabon, Cote d'Ivoire, Congo(Brazzaville) and Equatorial Guinea and a large gas field developmentand appraisal programme in Namibia. Tullow also has exploration programmesin Mauritania, Senegal, Cameroon, Uganda, Madagascar and Angola. In South Asia,Tullow has production and exploration interests in Pakistan andBangladesh and high impact exploration activities in India. 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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