Tullow Oil hits lower than forecasted oil in Guyana well

Tullow Oil has encountered approximately four metres of net oil pay at its Carapa-1 exploration well, drilled on the Kanuku licence offshore Guyana. This is lower than its pre-drill forecast. In early trading shares in Tullow Oil – which in 2019 had a very difficult year – are down almost 7pc. Preliminary results of drilling, […]