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Tullow cuts output view,Liberian well disappoints

  • SOURCE: | Editor
    • POSTED ON: November 9, 2011
    • AUTHOR: Editor
    • CATEGORY:

    * Downgrades 2011 production forecasts to 79-81,000 bopd

    * Montserrado well does not find oil in commercial quantities

    * CFO says Jubilee field will reach plateau production in 2012

    * Sees Uganda govt finally approving deal before year-end

    * Shares down 6.9 percent

     

    http://www.reuters.com/article/2011/11/09/tullowoil-update-idUSL6E7M913P20111109

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