Tullow oil, the leading oil prospecting company in Uganda has revealed it is about to conclude the purchase of Heritage Oil’s stake in the Kingfisher1 block where most of the oil wells confirmed in western Uganda are located. Heritage oil and Tullow oil had 50% -50% license stake in the Kingfisher1 block. Heritage Oil decided […]
United Kingdom based Tullow oil plc has announced a change in the currency in which it presents its results from Pound Sterling to the US dollar. The company in a statement on Tuesday said the change takes effect from January 1st 2010. Tullow says since the majority of Tullow’s activities are in Africa where oil […]
Press Release/ Webtorial Jubilee Phase 1 on schedule for first oil by year-end; FPSO arrived in Ghana High-impact 2H 2010 drilling programme; key wells under way in Ghana and Uganda Government approval for purchase of Heritage’s Ugandan assets expected imminently 6 July 2010 – Tullow Oil plc (Tullow) issues this Trading Statement in respect of […]
Press Release/ Webtorial 6 July 2010 – Tullow Oil plc (“the Company”, together with its subsidiaries, “the Group”) will present its results in US Dollars with effect from 1 January 2010. The Group has decided it is appropriate to change the presentational currency from Sterling as the majority of the Group’s activities are in Africa […]