Inform
Guyana heavy oil update weighs down Tullow
This report is currently unavailable
Report summary
Tullow's November trading statement contained a downgrade to the crude quality of the Guyana discoveries - Jethro and Joe. The heavy sour crude will attract a price discount to the light sweet crude. The news coupled with operational delays and lower prices provoked a backlash by investors. Tullow's share price was down 27% on the day. We analyse the impact of rising costs and lower prices on the Jethro economics and the future of exploration on the Orinduik Block.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Country Report
Cuba upstream summary
Cuba is located 60 miles south of Florida and is one of the few oil producers in the Caribbean. Drilling activity has historically been ...
$3,400
Country Report
Trinidad And Tobago upstream summary
A top gas-producer in Latin America - Trinidad and Tobago is one of the highest gas-producing countries in the region. Gas reserves are ...
$5,400
Country Report
Guyana upstream summary
Guyana's upstream fortunes changed with the Liza oil discovery. Liza was the first in a series of over 30 discoveries made over ...
$3,400
