Tullow shares slide after mixed Uganda well results

摘要

London-UK and Ireland-listed Tullow Oil saw its shares slip by more than 9% December 20 after reporting mixed test results from its final appraisal well in Uganda's block 2.Tullow said its Mputa-4 well flow-tested at rates of between 950 to 1,100 b/d of waxy, sweet crude with a gravity of 31 API. It said, however, the well data indicated "some depletion" during a subsequent pressure tests.