Oil explorer Tullow Oil said it found oil offshore the Ivory Coast, giving it confidence that it will make additional discoveries in waters to the west of its key Jubilee field in Ghana.
Tullow said on Thursday that the exploration well, which it called Paon-1X and which was on licence CI-103, found good quality light oil.
The successful result in the Ivory Coast followed disappointment in the country in April when the company drilled a dry hole.
Tullow operates the huge Jubilee
No comments:
Post a Comment