10 November 2010
To date, in the second half of 2010, the Group has made excellent operational progress and financial performance is in line with expectations. The Owo-1 sidetrack has confirmed Owo as a major new light oil field offshore Ghana, potentially the largest in Africa since Jubilee, and contributed to a year-to-date exploration and appraisal success rate of 83% from 24 wells.
25 August 2010
The Group had a strong first half. Results were up on the first half of 2009 reflecting a 30% increase in average commodity price realisations. While production declined by 6%, first oil from Ghana is expected before year-end and will result in significant production growth and increased cash flow in 2011.
06 July 2010
Tullow Oil plc (Tullow) issues this Trading Statement in respect of the first half of the 2010 financial year ended 30 June 2010. This is in advance of the Group's Half-Yearly Results, which are scheduled for release on Wednesday 25 August 2010.
01 July 2010
12 May 2010
The Annual General Meeting was held at Haberdashers Hall, 18 West Smithfield, London EC1A 9HQ on Wednesday 12 May 2010 at 12 noon.
Tullow has continued to perform very strongly in 2010. Significant progress has been made on the Ugandan pre-emption and farm-down, the Jubilee Phase 1 development project remains on track for first oil in the fourth quarter and the Tweneboa-2 appraisal well has established Tweneboa as a major oil and gas-condensate field.
01 May 2010
We are entering a new era of corporate responsibility as we move towards major production growth in Africa.
01 April 2010
Tullow continues to develop a business that creates value through combining high-impact exploration with lower-risk appraisal and growing production; underpinned by a well funded capital structure.
10 March 2010
The reported financial results for 2009 are in line with market expectations and down compared with 2008. The successful completion of new debt facilities and equity placings, coupled with the proposed Uganda farm-down, are major steps in ensuring that the Group remains well funded to continue to execute its medium term exploration, appraisal and development programmes.
27 January 2010
Exploration and appraisal success drives material growth in 2009; Major development projects remain on schedule; Equity Placing1 and Uganda farmdown to address capital structure.
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