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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Sabre Resources Limited | ASX:SBR | Australian Stock Exchange | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.007 | 0.007 | 0.008 | 0.00 | 07:50:00 |
From Jan 2020 to Jan 2025
LONDON--Oil and gas company Tullow Oil PLC (TLW.LN) Wednesday announced that the Wawa-1 exploration well in the Deepwater Tano license offshore Ghana has intersected oil and gas-condensate in a Turonian turbidite channel system.
MAIN FACTS:
-Well encountered 20 meters of gas-condensate pay and 13 meters of oil pay in turbidite sands.
-Samples show the oil to be good quality between 38 degrees and 44 degrees API.
-Well was drilled 10 kilometers north of the Enyenra-3A well, testing the previously undrilled, updip portion of the license.
-Well will now be suspended for possible future use in appraisal and development operations.
-Atwood Hunter semi submersible rig drilled the Wawa-1 well to a final depth of 3,322 meters in water depths of 587 meters.
-Looks forward to the drilling of Okure and Sapele in the second half of 2012.
-Tullow (49.95%) operates the Deepwater Tano license and is partnered by Kosmos Energy (KOS) (18.00%), Anadarko Petroleum (APC) (18.00%), Sabre (SBR.AU) (4.05%) and Ghana National Petroleum Corporation (GNPC) (10% carried interest).
-Shares of Tullow on Tuesday closed at 1382 pence.
-Write to Tapan Panchal at tapan.panchal@dowjones.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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