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IS - Tullow’s Orinduik prospective estimate increased by 1.1 Bboe - February 2020

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An updated competent person’s report has been released for the Tullow Oil-operated Orinduik block off Guyana and adjacent to Stabroek, increasing Orinduik’s gross prospective resources best estimate from ~4.0 Bboe to 5.1 Bboe. The report, prepared for Tullow partner Eco (Atlantic) Oil & Gas, identified 20 undrilled prospects on the block, and only six had less than a 30% chance of success. Leads in the Tertiary-aged horizon are estimated to contain 1.2 Bboe and......
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