Deep-water Peruvian well fails to find pay

Exploration well drilled by Karoon Energy fails to uncover riches off the coast of South America

Peruvian disappointment: a pioneering well off the South American country has failed to live up to expectations, coming up dry — Peruvian disappointment: a pioneering well off the South American country has failed to live up to expectations, coming up dryPhoto: AFP/SCANPIX

Josh Lewis

Perth

Peru Tullow Oil Karoon Energy Exploration Marina

Published 17 February 2020, 02:55Updated 17 February 2020, 07:58