Tullow Oil finds gas in Bangladesh

Tullow Oil has discovered a number of gas-bearing reservoirs at Bangora, Bangladesh.

The Bangora-1 well was drilled to a depth of 3,636m and encountered the reservoirs between 2,580m and 3,285m.

Tullow plans to carry out a comprehensive appraisal programme over Bangora and the earlier Lalmai discovery, including further seismic, drilling and/or extended well testing, the company said today.

Tullow will open on the ISEQ this morning at €2.06.