The results of the much-anticipated Jethro Lobe wildcat drilling by Tullow will be revealed in mid-August according to Canadian based project partner Eco (Atlantic) Oil & Gas.
Tullow hopes to share in some of the success already enjoyed by US major, Exxon. Tullow previously indicated that the Jethro- Lobe field may share some common geology to Exxon’s Hammerhead field in the Stabroek block.
The feature appears to extend to below the Jethro- Lobe field.
The Jethro-Lobe prospect is in the Orinduik Block offshore Guyana and was completed using the Stena Forth drillship.
The cost of drilling Jethro-1 was estimated at $7m.