Tullow Comes Up Empty In Guyana Offshore Oil Well

UK-listed Tullow Oil failed to find oil at yet another well offshore Guyana in what could be its final well drilled in the region where Exxon has found billions of barrels of oil in place. Tullow Oil plc said on Friday that drilling operations at the Beebei-Potaro exploration well, drilled in the Kanuku license, offshore Guyana, had been completed. The well encountered good quality reservoir in the primary and secondary targets, but both targets were water-bearing, the company said. Tullow Oil, originally focused on Africa, has seen several failures…