ROC rocketboots limited

Gharabi 1 Announcement:16 February 2011 - Tullow Oil plc...

  1. 2,251 Posts.
    lightbulb Created with Sketch. 225
    Gharabi 1 Announcement:

    16 February 2011 - Tullow Oil plc (Tullow) announces that the Gharabi-1 well, located in Block 6 offshore Mauritania, was unsuccessful and has been plugged and abandoned.

    The well, drilled by the Maersk Deliverer in water depths of 1,787 metres to a total depth of 4,433 metres, intersected poorly developed water-bearing reservoirs. Gharabi-1 was drilled by the Operator Petronas to meet a commitment on the block and the result has no impact on Tullow's future plans for its Mauritanian acreage

    Source:
    http://www.tullowoil.com/index.asp?pageid=137&newsid=689

    From elsewhere on Tullow's website Tullow's future plans may refer to:

    Significant progress has been made with both the partners and the Government in reviewing the development options that would allow commercialisation of the Banda gas field. The development options are currently under discussion with the Mauritanian Government to ensure that they meet the Government's objectives.

    2010 Development opportunities

    Development:...................Banda
    Sanction Decision..............2011
    First/Increased Production.....2013
    No. of Wells...................2-5
    Status.........................Concept planning completed. Commercial and downstream discussion with government in progress.

    Source:
    http://www.tullowoil.com/index.asp?pageid=273

    Regards

    SP
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
11.0¢
Change
0.005(4.76%)
Mkt cap ! $18.84M
Open High Low Value Volume
11.0¢ 11.5¢ 11.0¢ $11.14K 101.2K

Buyers (Bids)

No. Vol. Price($)
4 128332 10.5¢
 

Sellers (Offers)

Price($) Vol. No.
11.5¢ 94392 1
View Market Depth
Last trade - 15.20pm 12/09/2025 (20 minute delay) ?
ROC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.