Tullow Oil expects $600m in operating cashflow this year
London-listed energy group increases stake in the Jubilee and Ten fields in Ghana
London-listed energy group increases stake in the Jubilee and Ten fields in Ghana
Company is exercising its pre-emption rights related to sale of Occidental Petroleum’s interests to Kosmos Energy
Company’s net debt falls to $2.29bn in June from more than $3bn a year earlier
Exploration company expects to invest $250m in 2021
Irish-founded explorer intends to drill four wells in 2021, chief executive Rahul Dhir says
Thompson is one of only a handful of women chairing a London-listed company
First well is being drilled at the Jubilee Field
Company cut staff numbers, suspended dividend, and made a loss of $1.2bn during year
London-listed group says it expects to generate $500m in net cashflow this year
Both transactions are expected to be completed in the first half of 2021
Exploration group says move will allow for additional time to review business plan
Move will allow oil group to reassess Kenyan project
Explorer’s new CEO seeks to convince investors it can manage $3 billion debt
Plus, time to forget Goodbody’s €150m price tag
Company will receive agreed contingency payments if Brent crude prices rise above $62 a barrel
Sale of Tullow’s stake in the project is a crucial part of its debt-reduction strategy
Analysts expect further asset sales and refinancing
Company swings to $1.3bn loss due to historic exploration cost writedowns
Explorer has forecast lower oil prices into the long term
France’s Total agrees to buy Irish firm’s entire stake in Uganda oil fields for €531m
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