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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Tullow Oil Plc | LSE:TLW | London | Ordinary Share | GB0001500809 | ORD 10P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.86 | -2.40% | 34.96 | 35.00 | 35.26 | 36.22 | 34.80 | 36.00 | 3,653,650 | 16:35:25 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Crude Petroleum & Natural Gs | 1.63B | -109.6M | -0.0754 | -4.68 | 512.73M |
From May 2019 to May 2024
By Oliver Griffin
Eco Atlantic Oil & Gas Ltd. (EOG.V) said Wednesday that leads at the Orinduik Block have the potential to contain more than 1 billion barrels of oil equivalent.
The oil-and-gas company said leads at the offshore Guyana block, which is operated by Tullow Oil PLC (TLW.LN), are now being evaluated on recently acquired 3D survey data.
Eco Atlantic said Total E&P Activites Petrolieres, a subsidiary of Total SA (FP.FR), is now interpreting the first batch of data.
Under Total's option agreement, the French oil company will have 120 days to formally review and decide whether or not to exercise its option to acquire a 25% working interest in the block.
Eco Atlantic said that drilling on the block is expected to commence in late 2018 or early 2019.
Write to Oliver Griffin at oliver.griffin@dowjones.com
(END) Dow Jones Newswires
February 21, 2018 04:36 ET (09:36 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
1 Year Tullow Oil Chart |
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