Tullow rises after Kenyan oil find

Shares in oil and gas producer Tullow Oil surged after the firm announcing that its Twiga South-1 exploration well onshore Kenya Block 13T has successfully encountered oil.

Shares in oil and gas producer Tullow Oil surged after the firm announcing that its Twiga South-1 exploration well onshore Kenya Block 13T has successfully encountered oil.

Following media speculation in Kenya the firm said released a press release on Wednesday morning confirming the find, spurring a 3.11% rise in the share price to 1,425p.

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