Shares in Irish exploration company Tullow Oil jumped by around 20 per cent to £2.145 in London on Monday after it announced an oil discovery at a well off the coast of Guyana.
Chief executive Paul McDade described the discovery as “substantial and high value”.
The find came after drilling at the Jethro-1 exploration well, part of the Orinduik licence in the area. Tullow operates...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team