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Guyana: Tullow finds oil in Orinduik Block!!!

Director, Department of Energy, Dr. Mark Bynoe, this morning, announced that UK-based Tullow Oil Plc’s wholly owned subsidiary Tullow Guyana B.V.  Jethro-1 exploration well, drilled in the Orinduik Block offshore Guyana, has discovered oil in commercial quantities.

According to a release today from the Ministry of the Presidency, the Jethro-1 well was drilled by the Stena Forth drillship to a total depth of 4,400 metres in approximately 1,350 metres of water. Dr. Bynoe said the Jethro-1 well is the first discovery on the Orinduik Block and comprises high-quality oil-bearing sandstone reservoirs of Lower Tertiary age

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