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Examples
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The prospect field, called Zaedyus, lies 21,000 feet 6,400 meters below the ocean's surface.
unknown title 2011
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Investors and analysts had been hoping for an update from Tullow's South American drilling campaign, but Tullow said results from highly prospective Zaedyus deepwater wildcat well in French Guiana are now only expected in September.
Strong Results Lift Tullow Alexis Flynn 2011
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Zaedyus is the first well to test the "Atlantic mirror" theory and Tullow's Exploration Director Angus McCoss said the field could hold 700 million barrels in gross reserves.
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Zaedyus is the first well to test the "Atlantic mirror" theory and the payoff could be huge.
unknown title 2011
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The 6,000 meter (20,000 feet) Zaedyus well was drilled around 150 kilometers (93 miles) northeast of the capital of Cayenne.
unknown title 2011
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The Zaedyus exploration well was drilled to test whether the Jubilee field in Ghana was mirrored in South America, the London-based company said today in a statement.
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"Zaedyus is the most exciting well of the year, as bold as it gets," says McCoss, who joined Tullow in 2006.
unknown title 2011
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Tullow had delayed announcing drilling results from the "high-impact" Zaedyus well until September from August.
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He's optimistic because of evidence that Zaedyus mirrors Jubilee's geology, formed in the Cretaceous period when the African and South American land masses began to separate.
unknown title 2011
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"The discovery at Zaedyus has proved the extension of the Jubilee-play across the Atlantic and made an important new discovery in French Guiana," McCoss said in today's statement.
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