Wednesday, 27 June 2007

Tullow to spend $104 mln on drilling in Namibia

(Reuters) - UK based oil and gas company Tullow Oil Plc said on Wednesday it was investing 750 million rand in exploration drilling for two more gas wells alongside the Kudu gas fields offshore Namibia.

Tullow Oil Managing Director for Africa Andrew Windham said the firm, which is developing the Kudu gas fields in Namibia, has sunk a rig in the first well and the results would be known in August.


Read more at Reuters Africa

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