Tullow Oil comes up dry in Ethiopia well

|About: Tullow Oil Plc. (TUWLF)

Tullow Oil (TUWLF, TUWOY) says it will plug and abandon the Tultule-1 wildcat well in the South Omo block in Ethiopia as a dry hole.

The well reached a total depth of 2,101 meters and was targeting a reservoir section similar to the sands drilled in the nearby Sabisa-1 well, where oil shows were encountered, but these sands were not penetrated in Tultule-1.