Tullow Falls on French Guiana News

摘要

UK independent Tullow Oil’s shares plummeted 9% on Wednesday to their lowest level in almost two years following poor results at its GM-ES-3 exploration well in French Guiana. According to Tullow, the announcement that was made by minority partner Northern Petroleum indicating no hydrocarbons had been found did not have the backing of the joint venture, which includes Royal Dutch Shell and France’s Total.