Tullow Oil (TUWLF.PK -4.5%) tumbles on news its Zaedyus-2 appraisal well offshore French Guiana...

|About: Tullow Oil Plc. (TUWLF)|By:, SA News Editor

Tullow Oil (TUWLF.PK -4.5%) tumbles on news its Zaedyus-2 appraisal well offshore French Guiana completed drilling but failed to encounter commercial hydrocarbons. The well was drilled in the Guyane Maritime license, where Tullow owns a 27.5% stake and is partnered by Shell (RDS.A, RDS.B), the operator and holding a 45% stake, Total (TOT) and others.