Tullow Oil Full Year Release, page-3

Good find Gridder, been waiting a few years for them to drill Namibia, looks like it will finally happen, a bit more below from the same report.


Namibia Tullow plans to drill the high-impact Cormorant prospect in the PEL37 licence in Namibia in the second half of 2018 and preparations for drilling are under way. The well will target light oil and there are a number of similarly-sized follow-up prospects in close proximity. Also in Namibia, Tullow agreed a farm-down of a 15% interest in the neighbouring PEL30 licence to ONGC Videsh in November 2017. The farm-down is subject to Government and partner approvals with completion expected in the first quarter of 2018. This followed the farm-down of a 30% interest in PEL37 in October 2017, also to ONGC Videsh.

Regards Blueboy