Bloomberg News

Tullow Plans to Increase Kenyan Investments After Discovery

March 26, 2012

Tullow Oil Plc (TLW) plans to increase investment exploring for oil and gas in Kenya after a discovery from its first well in the country’s remote northwestern Turkana region, said Vice-President for Africa Tim O’Hanlon.

The U.K. explorer expects to get a first estimate of the size of the deposit “within the next few months,” O’Hanlon told reporters in Kenya’s capital, Nairobi, today.

To contact the reporter on this story: Johnstone Ole Turana in Nairobi at jturana@bloomberg.net

To contact the editor responsible for this story: Sarah McGregor at smcgregor5@bloomberg.net


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