Shares in Tullow Oil, the exploration group searching for Ethiopia's first crude, fell to a four-month low in London trading after delaying the Sabisa well.
Tullow shares slumped as much as 4.9 per cent to 1,103 pence, the lowest intraday price since December 12th, and traded at 1,104 pence as of 09:40 am.
"Hole instability issues have required the drilling of a sidetrack," or secondary wellbore," the company said in a statement. "The sidetrack recently commenced and a result...
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