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Tullow Oil plc (“Tullow” or “the Group”) announces today that its subsidiary Tullow Oil SK Limited has completed the sale of 53.1% of its Schooner unit interest and 60% of its Ketch asset in the UK Southern North Sea to Faroe Petroleum (U.K.) Limited (“Faroe”). Operatorship of Schooner and Ketch will now transfer to Faroe.
Perenco, Tullow Oil’s partner in the Arouwe block offshore Gabon, today issued the following operational update.
Tullow Oil plc (“Tullow” or “the Group”) announces that its subsidiary Tullow Exploration & Production B.V., has entered into an agreement to sell its operated and non-operated L12/L15 block interests and non-operated Q4 and Q5 block interests to AU Energy B.V., a subsidiary of Mercuria Energy Group Limited for a consideration of €62.7 million (US$81.1 million).
The Tullow Group Scholarship Scheme (TGSS), now in its fourth year, is sponsoring over 110 scholars in Oil & Gas related postgraduate degrees. Scholars will begin their studies this September at leading universities in the UK, France and Ireland.
Tullow Oil plc (“Tullow”) announces the successful results from a series of exploration, appraisal and testing activities conducted in Blocks 10BB and 13T onshore Kenya.
Tullow Oil plc (Tullow), the independent oil and gas exploration and production group, announces its half-yearly results for the six months ended 30 June 2014
Tullow Oil plc (‘Tullow’) is pleased to announce that Tullow Uganda Limited, its Ugandan subsidiary, has received judgment in its favour in the proceedings against Heritage Oil and Gas Ltd and Heritage Oil Plc (together 'Heritage') in the Court of Appeal in London (Case No: 2013/2175).
Tullow Oil plc (“Tullow”) today announces that Tullow Oil Norge AS, operator of the production licence PL 507, did not encounter hydrocarbons in the Lupus exploration well (31/10-1) which will now be plugged and abandoned.
Tullow Oil plc announces today that its subsidiaries operating in Uganda have received a ruling from the Tax Appeals Tribunal (TAT) in Uganda relating to Capital Gains Tax (CGT).
Tullow Oil plc (“Tullow”) today announces that the Gardim-1 exploration well, drilled on the eastern flank of the Chew Bahir Basin in the South Omo licence, onshore Ethiopia, has reached a total depth of 2,468 metres in basement, without encountering commercial oil.