As of midnight last Saturday, Tullow Oil’s Ugandan Mputa-2 has been cased and suspended as a potential future oil producer.

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.

TULLOW Oil has found oil at its Mputa-1 exploration well in the Lake Albert area of Uganda.

Tullow Oil’s Mputa-1 exploration well in Uganda has encountered oil shows over two intervals within the deeper objective and wireline logs have indicated that these intervals are hydrocarbon-bearing.