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Tullow drops on dry wells

TWO dry wells have led to the biggest drop in London-traded Tullow Oil shares in three months.

Bianca Bartucciotto
Tullow drops on dry wells

The company's shares dropped 6.6% to £10.40 in its biggest one-day drop since April 17. The Statoil-operated Cachalote-1 exploration well in offshore Mozambique was plugged and abandoned after...

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