Tellus Resources (ASX:TLU) has been granted an ASX trading halt...

Tellus Resources (ASX:TLU) has been granted an ASX trading halt as it seeks clarity from the operator over developments at the Covenant Mondo Joint Venture (Tellus: 25%) in Utah.

Recently, it announced the spudding of the first of two wells at the field, which is near the 150 million barrel Covenant field.

Covenant, one of the largest U.S. onshore discoveries in recent years, is producing approximately 6,400 barrels of oil per day.

The halt will last until the earlier of an announcement being made or the start of trade on Monday, 17 November 2014.