Statoil ASA and Tullow Oil Plc are completing a well in search of the first commercial oil discovery off Mozambique, the East African country where explorers have made the century’s largest natural gas finds.
The partners are drilling the Cachalote well past potential gas fields and looking for crude discoveries further under the seabed, Tullow Exploration Director Angus McCoss said yesterday in an interview. The well is expected to be finished this month.
