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More oil? UK company says studies point to 1 billion barrels in their block

More oil? UK company says studies point to 1 billion barrels in their block

Tullow Oil and Eco (Atlantic) Oil & Gas have identified various leads on their Orinduik block offshore Guyana that could contain more than one billion barrels of oil.

The leads are drawn from studies of several thousand kilometres of 2D data, regional well logs and seismic correlations to ExxonMobil’s nearby Stabroek block wells.    Continue reading

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