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Jan 2 2020, 08:57 GMT
Tullow Oil
Carapa well hits Cretaceous oil- bearing sands; extends play but likely sub-commercial
- Sectors : Resource
- Companies : Tullow Oil
DAVY VIEW
The Carapa-1 well result is to be welcomed as it confirms an extension of the Cretaceous play into the Kanuku licence. The oil quality (API and sulphur content) is also very acceptable. However, at the current location, the reservoir thickness is sub-optimal and not commercial.
