Tullow had announced that the Goliathberg-Voltzberg North exploration well, on Block 47 (TLW 50%), offshore Suriname was drilled to a ~5,000m TD and encountered good quality reservoir but only minor oil shows.
The well will now be plugged and abandoned. Tullow operated the well and was partnered with Petroandina Resources and Ratio Suriname Limited.
This does not have a direct read across to Tullow's Guyana acreage but is clearly not helpful for sentiment, following a string of dry wells by Exxon in Guyana the latest of which being on the Canje block
