Investor Relations.5 Feb 2021 18:32
For a peace of mind for myself, I have also emailed investor relations this afternoon to see if they would reply to my questions, initially I was unsure as to whether they could disclose this kind of information and doubted I would get a reply.
Since that trading statement, and a drop in the share price took a huge hit to my profits, I can now say my raised cortisol levels have now been replaced with raised adrenaline, I will now sleep better awaiting the RBL RNS...
I wrote,
Hello,
Is it possible if you could please advise if Tullow Oil PLC, is currently considering carrying out either a rights issue, or a debt for equity swap with its creditors at this current time.
Many Thanks
Mr *******
They replied,
Thank you for your email,
We are not currently planning on either.
We are working with our advisors on an overall refinancing based on a very cash generative 10-year plan as disclosed at our Capital Markets Day.
I hope that helps
Regards
*******
Well that certainly does help.........