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...
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