Tullow Oil announced their half yearly results today. The state:
Suriname: A five well programme was completed on the Uitkijk licence in February 2009 and the licence term has been extended by six months to allow for evaluation of the results. A five well programme is scheduled to commence on the Coronie Block in early September 2009.
The five well drilling program on the Coronie Block was supposed to commence in August so looks like it's been pushed back a month.
KEY Price at posting:
10.4¢ Sentiment: LT Buy Disclosure: Held