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Tuesday, April 13, 2021
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Tullow shares dip on Araku disappointment

After being forced to plug and abandon the highly anticipated 1.6-mile deep Araku-1 exploration well in Suriname, Tullow Oil took a 5pc hit to...

Tullow fails to strike oil at Araku prospect in Suriname

The Araku-1 exploration well in Suriname has been drilled to a total depth of 2,685 metres and penetrated the objectives of the Araku prospect....

All eyes on Suriname as success offshore Guyana raises prospects for...

A fifth oil discovery announced last week by ExxonMobil off the Guyana coast has further increased expectations that similar play could be expected in...

Tullow gunning for oil this month at Suriname’s Araku prospect

Tullow oil is hoping to strike it big offshore Suriname at the Araku oil prospect on Block 54, set to begin early this month. The...