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Tullow Oil plc (“Tullow” or the “Company”) is pleased to announce that it has completed its offering of $650 million aggregate principal amount of 6.250% senior notes due 2022 (the “Notes”). Interest will be payable semi-annually. The Notes, whose net proceeds will be used to repay certain existing indebtedness under the Company's credit facilities (but not cancel commitments under such facilities), will be the senior obligations of the Company and guaranteed by certain of the Company’s subsidiaries.
Tullow Oil plc (Tullow) is pleased to announce that it has refinanced its US$500 million corporate revolving credit facility and that it has successfully increased the size of the facility to US$750 million and extended the tenor to April 2017.
Tullow Oil plc (“Tullow” or the “Company”) is pleased to announce that it has priced its offering of $650 million aggregate principal amount of 6.250% senior notes due 2022 at par (the “Notes”).
Tullow Oil plc (the “Company”) today announces that it intends to offer $500 million in aggregate principal amount of senior notes due 2022 (the “Notes”).
Tullow Oil plc (Tullow) announces the results of a series of recent exploration and appraisal activities conducted by the four rigs currently operating in Blocks 10BB and 13T onshore Kenya.
Det norske is about to complete drilling operations on well 7222/11-2 on the Langlitinden prospect in production licence 659, where Det norske oljeselskap is operator with a 20* percent ownership interest. The well (7222/11-2) encountered an oil-bearing channel sand of Triassic age.
Tullow Oil plc (Tullow), the independent oil and gas exploration and production Group, announces its results for the year ended 31 December 2013.
Tullow Oil plc (“Tullow”) today announces oil discoveries at the Amosing-1 and Ewoi-1 exploration wells in Block 10BB onshore northern Kenya. As a result of these latest successes and recently reported discoveries at Ekales-1 and Agete-1, Tullow has updated its estimate of discovered resources in this basin to over 600 mmbo.
Tullow Oil plc (Tullow) issues this statement to summarise recent operational activities and to provide trading guidance in respect of the financial year to 31 December 2013. This is in advance of the Group’s Full Year Results, which are scheduled for release on Wednesday 12 February 2014. The information contained herein has not been audited and may be subject to further review. In addition, Tullow has today separately announced a Kenya Operational Update.
Tullow Oil plc (Tullow) announces that the 31/3-4 exploration well on the Mantra prospect offshore Norway has encountered reservoir quality sands but all intervals are water wet.