Tullow Oil Share News (TLW)

Tullow Oil reduces debt as production from Ghana set to increase

(Alliance News) - Tullow Oil PLC on Wednesday highlighted progress on debt reduction, saying it stands at a "pivotal moment", as new production from its oil fields offshore Ghana is coming "imminently".

Tullow reinstates hedging policy, maintains production guidance

(Sharecast News) - Tullow Oil said in an update on Wednesday that during the first half of 2023, it recorded total revenue of around $0.8bn, including hedging costs.

UK earnings, trading statements calendar - next 7 days

DIRECTOR DEALINGS: GlobalData CEO sells GBP2.7 million worth of shares

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Friday and not separately reported by Alliance News:

DIRECTOR DEALINGS: Tullow Oil chief executive buys GBP103,000 shares

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Thursday and not separately reported by Alliance News:

DIRECTOR DEALINGS: Investec departing director sells GBP883,215 shares

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Tuesday and not separately reported by Alliance News:

LONDON BROKER RATINGS: JPMorgan sees negative catalysts for Ocado

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning on Monday:

IN BRIEF: Tullow Oil shares rise on result of tender offer

Tullow Oil PLC - Africa and South America-focused oil and gas exploration company - Announces results of its offer to purchase a portion of its outstanding USD800.0 million 7.0% senior notes due 2025. Company increases the tender consideration to USD100 million. The final acceptance amount is USD166.5 million. Company will use around USD100.0 million of cash on its balance sheet to fund the purchase of USD166.5 million. The transaction will deliver value accretion of USD86.3 million.

Tullow Oil considering all options with respect to Espoir field in Ivory Coast

(Sharecast News) - Tullow Oil said on Monday that it is considering all options with respect to its interest in the Espoir field in Côte d'Ivoire.

IN BRIEF: Tullow launches tender offer; considering options for Espoir

Tullow Oil PLC - Africa and South America-focused oil and gas exploration company - Launches tender offer for a portion of its 2025 senior notes for a consideration of up to USD75.0 million. Says tender offer is part of its plan to "optimise and proactively manage" its cash, debt profile and capital structure.

CORRECT (May 31): British Land Co drops out of FTSE 100; IMI joins

(Correcting that index changes are effective from June 19.)

TOP NEWS: British Land Co drops out of FTSE 100; IMI joins blue-chips

(Alliance News) - FTSE Russell confirmed on Wednesday that the following changes will take effect to its UK indices from the market open on Monday, June 5, after completing its quarterly review.

LONDON MARKET MIDDAY: Stocks down on US debt vote nerves

(Alliance News) - Stock prices in London were down at midday Wednesday, ahead of a vote on the US debt ceiling bill.

LONDON MARKET OPEN: Stocks down on US debt ceiling jitters

(Alliance News) - Stock prices in London opened lower on Wednesday, as financial markets await a vote on the US debt ceiling agreement.

Indian state oil companies in talks to buy stake in Tullow's Kenya block -Oil India

NEW DELHI, May 25 (Reuters) - Indian state-run oil exploration companies are in talks with Tullow Oil to buy a stake in the London-based firm's block in Kenya, Oil India Chairman Ranjit Rath said on Thursday.