Tullow Oil says that the Buzio-1 exploration well in Area 2 offshore Mozambique has not encountered hydrocarbons and, following the completion of logging operations, has been plugged and abandoned.

The Buzio-1 well is the second deepwater exploration well drilled in Area 2 and targeted stratigraphic traps in channel systems of Tertiary and Upper Cretaceous ages. Good quality water bearing reservoir sandstones were found in both targets.

The Discoverer Americas dynamically positioned drill ship drilled Buzio-1 to a final depth of 3,333 metres in water depths of 1,534 metres.

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