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Tullow Oil says it has found signs of more crude in yet another one of its test wells offshore Ghana.
A statement from Tullow says the results of the appraisal of the Mahogany-5 well, located southeast of the Jubilee Field where drilling is expected to begin later this year, potentially enhances the country’s crude oil reserves.
Tullow has completed the appraisal of the South East Jubilee area and geologists will interpret the data gleaned during the exploration and pursue development options.
Source: Joy Business/Myjoyonline.com/Ghana
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