Tullow Oil releases positive trading statement

Tullow Oil has issued a trading statement for the first half of the financial year, revealing highlights including a number of positive updates.

Tullow Oil has issues a trading statement for the first half of the financial year, revealing highlights including a number of positive updates.

Among the highlights were the announce that: Four-well drilling campaign in India commenced in Block CB-ON/1 in late June; Mahogany-2 appraisal well on the Jubilee field in Ghana extends upside potential to 1.8 billion barrels and Jubilee production facilities tender under way and on track to achieve first oil target of 2010.