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Drilling operations at F1 commenced on 30 September and the well reached a total depth of 2,164 m on 18 October. No significant porous zones were encountered in the primary Olpad objective and sands in the secondary Kalol objective were poorly developed. No evidence of hydrocarbons were encountered in either zone during drilling or logging operations.
F1 was the third and final well in the 2008 drilling campaign. The CB-ON/1 partners have agreed to release the rig while they reassess the remaining prospectivity of the block using data from the recently drilled wells.
Commenting today, Aidan Heavey, Chief Executive, said:
"The recent drilling campaign has completed our agreed licence obligations on CB-ON/1 but unfortunately results did not meet with our expectations for the area. The information and data gained from the three wells will now be fed into our regional model enabling us to focus on the forward exploration programme for the acreage."
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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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