Tullow Oil plc (TUWLF)
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UK's Tullow Oil in refinancing talks, expects 2025 output at lower end of range
West Africa-focused Tullow Oil said on Friday it was in talks with its bondholders, commodity traders and other private sources of funding to refinance its capital, and forecast 2025 production at the lower end of its 40,000 to 45,000 barrels of oil equivalent per day (boepd) range.
UK's Tullow Oil posts annual profit on lower impairments, asset revaluation gains
West Africa-focused independent oil and gas explorer Tullow Oil posted an annual profit on Tuesday, largely helped by a reduction in impairments and asset revaluation gains.
Tullow Oil to sell Gabon assets for $300 million
Tullow Oil has signed an agreement with Gabon Oil Company to sell its entire working interests in Gabon for $300 million in cash, the London-listed company said on Monday, as it looks to reduce its debt burden.
Tullow Oil jumps after being exempt from $320 million tax
Shares of Tullow Oil jumped over 14% on Friday after the West Africa-focused company was exempted from a $320 million tax on its Ghana operations.
Tullow Oil CEO Rahul Dhir to step down
West Africa-focused Tullow Oil said on Thursday Chief Executive Officer Rahul Dhir will step down and also resign from the board next year.
