Tullow Oil has issued the a statement in advance of the Group’s 2022 Full Year Results scheduled for 8 March 2023.
The lead operator of Jubilee and TEN oil fields, Tullow Oil Ghana has delivered sixth fully furnished 16-unit dormitory block to the Annor Adjaye Senior High School in the Jomoro Municipality of the Western Region.
There remains significant scepticism however over the synergies and completion of the company’s Capricorn Energy merger, but Tullow has maintained that the deal will enable the companies to become a leading player in African energy production.
Oil giant, Tullow Oil, is expecting to rake in $200 million in free cash flow at an average oil price of $95 a barrel in 2022.
The boards of directors of Tullow Oil PLC and Capricorn Energy PLC are pleased to announce that they have reached agreement on the terms of a recommended all-share combination of Tullow and Capricorn (the “Combination”) to create the Combined Group.