Drilling continues in Tullow well in Uganda

Hardman Resources, the operator of the Waraga-1 exploration well in Uganda, in which ISEQ-listed Tullow Oil is a 50% partner, today said that since the last report on February 28 the well was drilled to a depth of 1,768 metres.

Drilling continues in Tullow well in Uganda

Hardman Resources, the operator of the Waraga-1 exploration well in Uganda, in which ISEQ-listed Tullow Oil is a 50% partner, today said that since the last report on February 28 the well was drilled to a depth of 1,768 metres.

Wireline logs, including wireline pressure and sampling tools, were run at this depth to investigate hydrocarbons encountered in the well. Subsequent evaluation of these logs and pressure measurements indicates a gross hydrocarbon interval of 32 metres, with a net pay ratio of approximately 50%.

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