Repsol is the operator of the Kanuku block with a 37.5% stake. Tullow also holds a 37.5% stake with Total holding the remaining 25%.
Tullow Oil said on Thursday that the Carapa-1 exploration well had encountered approximately four meters of net oil pay based on preliminary interpretation, and has extended the prolific Cretaceous oil play into the group’s Guyana acreage.
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