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Tullow Oil plc (Tullow) through its subsidiary, Tullow Oil International Limited, has signed an agreement with KrisEnergy Asia Holdings BV, a subsidiary of KrisEnergy Asia Limited, for the sale of 100% of the share capital of Tullow Bangladesh Limited (TBL). The consideration is $42.35 million with an effective date of 1 January 2013.
On Monday 16 July, 60 representatives from a range of contractors and CSR partners attended the sixth Tullow Bangladesh Limited (TBL) Contractor EHS Forum, where they celebrated two years of operations with zero Lost Time Incidents (LTI).
Tullow Oil plc announces first gas from Bangora-1 in Bangladesh, a key part of the Group’s Bangora/Lalmai appraisal programme, and provides an update on international exploration drilling activities.
Tullow Oil, as Operator of Block 9, is pleased to announce the test results for its gas discovery at Bangora, Bangladesh.
Tullow Oil plc, the independent oil and gas exploration, development and production company, announces today that it has discovered gas in its Lalmai-3 well in Block 9, onshore Bangladesh.
The Lalmai-3 exploration well in Block 9, Bangladesh, was spudded on 8th March 2004, and reached its proposed total depth of 2800m on 25th April 2004.
The Rasulpur-1 well, the first of a three well programme in Block 9, Bangladesh, commenced drilling on 11th December 2003 and reached its total depth of 3,295m on 11th February.