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Tullow Hits Pay At Twiga-2 Sidetrack In Kenya

|Includes: AOIFF, Tullow Oil plc (TUWLF)

Tullow Oil has announced that the Twiga-2 sidetrack located in Block 13T, Kenya, has encountered 62m of net oil pay in the Auwerwer Formation. The well is currently being deepened to evaluate the Lower Lokhone potential and a testing program is planned to be conducted later in 2014.

The company has also intersected 5m of net oil pay at the Ekunyuk-1 well, located in the Block 10BB, on trend with recent discoveries at Etuko and Ewoi. The well has now reached a final total depth of 1,802m.

Block 13T and Block 10BB ownership: Tullow (50%, operator) and Africa Oil (50%).

In Jul-2013, Tullow Oil announced an oil discovery in the Etuko prospect in Kenya.

In Nov-2012, The Twiga South-1 exploration well in Kenya Block 13T encountered oil.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.