Irish exploration company Tullow Oil announced the successful completion of its exploration well drilled in the North Yorkshire gas field.
The well - completed on February 5th - was intended to enhance and maintain production from north Yorkshire to the Knapton Power Station which is operated on behalf of Scottish Power.
Tullow acts as operator of the north Yorkshire gas fields in which it holds a 60 per cent share with the remaining 40 per cent held by Edinburgh Oil and Gas.
Another field containing proven reserves within the north Yorkshire complex, Pickering, is expected to be tied in the third quarter.
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AFP