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The Priodontes-1 well, offshore French Guiana, has now been drilled to a Total Depth of 6,318m in water depths of 1,750m. Having encountered no hydrocarbons in the main target reservoir, the well has been plugged and abandoned.

The Stena Ice Max rig will now move to the site of the Cebus exploration well (GM-ES-4). Spudding of this well, which will test a new and totally separate fan, is due within the next two weeks.

ANGUS MCCOSS, EXPLORATION DIRECTOR OF TULLOW OIL PLC, COMMENTED TODAY:

“Although this well did not encounter significant hydrocarbons, we have added substantially to our knowledge of the formations in this frontier exploration area. The campaign now moves to the Cebus prospect, which is located in a separate fan to Zaedyus and Priodontes. This means that there is limited read-across for Cebus from the wells drilled thus far. However, all have demonstrated, to differing degrees, that the Cingulata fan system has been charged with oil and Cebus is an excellent prospect from which we can expect a result later this year.“

Contacts

Tullow Investor Relations Camarco (Media)

ir@tullowoil.com
Matthew Evans

(+44 20 3757 4980)
Billy Clegg
Georgia Edmonds
Rebecca Waterworth

Notes to editors

Tullow is an independent energy company that is building a better future through responsible oil and gas development in Africa. Tullow's operations are focused on its core producing assets in Ghana. Tullow is committed to becoming Net Zero on its Scope 1 and 2 emissions by 2030, with a Shared Prosperity strategy that delivers lasting socio-economic benefits for its host nations. The Group is quoted on the London and Ghanaian stock exchanges (symbol: TLW). For further information, please refer to: www.tullowoil.com.

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