Tullow Oil PLC (LSE:TLW)
£ 0.2174 -0.0078 (-3.46%) Market Cap: 317.07 Mil Enterprise Value: 2.26 Bil PE Ratio: 108.70 PB Ratio: 0 GF Score: 42/100

Tullow Oil PLC to Discuss the Results of its Jethro-1 Exploration Well Call Transcript

Aug 12, 2019 / 08:00AM GMT
Release Date Price: £2.15 (+19.77%)
Operator

Good morning, ladies and gentlemen, and thank you for standing by. Welcome to today's Tullow Oil Conference Call. (Operator Instructions) I would now like to hand the conference over to your speaker today, Paul McDade. Please go ahead.

Paul McDade
Tullow Oil plc - CEO & Executive Director

Good morning, everyone. Thanks for joining the call this morning. I'm here with Ian Cloke, our Executive Vice President for New Ventures, who many of you will know.

Normally, we wouldn't do a call of a single result like this, but given the significance of the result in itself and the potential within Guyana, we thought it was worthwhile giving a little bit more detail. We will take the opportunity to walk through this first well result, which many of you have been patiently, as we have, waiting for the results for a number of months. It's clearly an exciting and potentially transformational moment for Tullow as we made this first discovery in Orinduik from the first well we've drilled, Jethro-1. It's come from a lot of hard work. Over a number of years, we were

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