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Tullow Oil plc (Tullow) today releases its 2012 Corporate Responsibility report which details Tullow’s performance across a range of areas including safety, governance, people, supply chain, local content and social performance. The report provides new levels of disclosure on payments to major stakeholder groups including governments.
Lundin Petroleum AB, the operator of the 7/4-3 well drilled on the Carlsberg prospect in the Norwegian North Sea, in which Tullow Oil plc is a 40% partner, today issued the following statement.
Tullow Oil plc (Tullow) issues the following Interim Management Statement, for the period 1 January to 8 May 2013, in accordance with reporting requirements of the EU Transparency Directive. This statement is issued in advance of the Group’s Annual General Meeting which is being held at the Haberdashers’ Hall in London, at 12pm today. The Group will issue its half-yearly Trading Statement and Operational Update on 3 July 2013 and report Half Year results on 31 July 2013.
Tullow Oil plc (“Tullow”) provides an update on progress with the Priodontes-1 well, offshore French Guiana. This follows Tullow’s earlier statement on this well issued on 17 April 2013.
Tullow Oil plc (“Tullow”) provides an update on progress with the Priodontes-1 well, offshore French Guiana.
Tullow Oil plc (Tullow) through its subsidiary, Tullow Oil International Limited, has signed an agreement with KrisEnergy Asia Holdings BV, a subsidiary of KrisEnergy Asia Limited, for the sale of 100% of the share capital of Tullow Bangladesh Limited (TBL). The consideration is $42.35 million with an effective date of 1 January 2013.
Tullow Oil plc (“Tullow”) announces the completion of its acquisition of Spring Energy Norway AS (“Spring”) that was previously announced on 11 December 2012. Roar Tessem, Spring’s CEO, will be Managing Director of Tullow’s Norwegian companies and will have responsibility for Tullow’s assets offshore Norway and Greenland.
Acquisition of major oil exploration portfolio in Norway; Planned disposal of UK and Dutch gas assets
Tullow Oil plc (“Tullow”) announces today that it has entered into an agreement to acquire Spring Energy Norway AS (“Spring”), a Norwegian exploration company, for a purchase price of $372.3 million which will be adjusted for working capital. The purchase has an effective date of 1 September 2012. Tullow is also announcing today that it intends to begin a process to dispose of its exploration, development and production assets in the UK and Dutch Southern North Sea (“SNS”) gas basin.
Following speculation in the French press, Tullow Oil plc (Tullow) announces that the Zaedyus-2 appraisal well (GM-ES-2), offshore French Guiana, has completed drilling. The well, drilled 5km up-dip from the Zaedyus-1 well, encountered a total of 85 metres of reservoir quality sands with oil shows in several objectives but did not encounter commercial hydrocarbons at this location.
Tullow Oil plc (Tullow) issues the following Interim Management Statement, for the period 1 July to 14 November 2012, in accordance with reporting requirements of the EU Transparency Directive. The Group will announce its full year Trading Statement and Operational Update on 11 January 2013. Full year results will be announced on 13 February 2013.