Tullow Oil Share News (TLW)

Tullow Oil sticks to Capricorn merger plans, $200 mln FY cashflow guidance

LONDON, Sept 14 (Reuters) - Africa-focused Tullow Oil said on Wednesday it would stick to the current form of its plan all-share merger plan with Capricorn Energy, shrugging off criticism from some Capricorn investors who say the deal undervalues the company.

Capricorn shareholder Schroders against Tullow merger in current form

LONDON, Sept 13 (Reuters) - Capricorn Energy shareholder Schroders would vote against the oil and gas producer's planned merger with Tullow Oil in its current form, the investment company's head of UK and European Mid and Small Caps told Reuters on Tuesday.

IN BRIEF: Tullow to delist from Euronext Dublin to help reduce costs

Tullow Oil PLC - London-based oil and gas exploration company - Applies to delist its ordinary shares of 10 pence each from Euronext Dublin, Ireland's main stock exchange. Tullow will remain listed on the London Stock Exchange and the Ghana Stock Exchange. The delisting from Ireland will not affect those listings. Tullow says "the delisting will simplify compliance and regulatory obligations" and aligns with an "overall objective to reduce central costs and its purpose." Expected to take effect on October 10.

UK earnings, trading statements calendar - next 7 days

LONDON MARKET MIDDAY: FTSE 100 shades green; US returns from holiday

(Alliance News) - The FTSE 100 was being boosted by housebuilders at midday on Tuesday, while a raft of UK consumer stocks were enjoying a rally on the hopes that the new prime minister, Liz Truss, will help soften the blow of surging energy bills.

Capricorn explores other deals as Tullow merger faces backlash

Sept 6 (Reuters) - Capricorn Energy, whose planned merger with rival Tullow Oil has faced investor backlash, said on Tuesday it was exploring alternative deals after unnamed parties expressed interest.

TOP NEWS: Capricorn Energy considering alternatives to Tullow merger

(Alliance News) - Capricorn Energy PLC on Tuesday said it is considering alternatives to its previously announced merger with Tullow Oil PLC, as it posted a narrowed loss in the first half of 2022.

LONDON MARKET CLOSE: Oil price drop drags FTSE on hit to energy stocks

(Alliance News) - Energy firms were struggling in London on Wednesday as oil prices came under pressure, sending the FTSE 100 lower.

LONDON MARKET MIDDAY: Mood turns risk-off after hot eurozone inflation

(Alliance News) - European stock markets turned decisively lower on Wednesday after inflation in the eurozone accelerated by more-than-expected, raising expectations for further aggressive interest rate hikes by central banks.

Kenmare names former Tullow CFO Tom Hickey as new financial director

(Alliance News) - Kenmare Resources PLC on Thursday named former Tullow Oil PLC chief financial officer Tom Hickey as its new financial director.

REPEAT: Stocks fall on poor data; weak US PMI hits dollar

(Alliance News) - Stocks in London closed in the red on Tuesday after another day of poor economic data from across the globe.

LONDON MARKET CLOSE: Stocks fall on poor data; weak US PMI hits dollar

(Alliance News) - Stocks in London closed in the red on Tuesday after another day of poor economic data from across the globe.

Key investor Madison Ave says Capricorn worth more than planned Tullow deal

LONDON, Aug 15 (Reuters) - Major Capricorn Energy investor Madison Avenue sees Capricorn's value at a minimum of 300 pence per share, above its value in a planned merger with Tullow Oil, adding its voice to criticism of the deal by some Capricorn investors.

Capricorn should ditch Tullow merger deal, Palliser says

LONDON, Aug 9 (Reuters) - Capricorn Energy should ditch its proposed merger with Tullow Oil, investor Palliser has said in a letter seen by Reuters, describing it as "one-sided" and short of "meaningful strategic rationale".

Palliser calls for Capricorn Energy to withdraw from Tullow merger

(Alliance News) - Palliser Capital Master Fund Ltd, one of Capricorn Energy PLC's largest investors, on Tuesday said its proposed merger with Tullow Oil PLC is "one-sided" and called for Capricorn to withdraw.