Get the latest Tullow Oil Plc ADR (TUWOY) stock price, news, buy or sell recommendation, and investing advice from Wall Street professionals.
As a result of lower near-term oil price forecasts, and a revision in the Group’s long-term oil price assumption from $65/bbl to $60/bbl, the Group expects material impairment and exploration write-offs to be recorded at the half-year in the range of $1.4-1.7 billion (pre-tax). ...
Tullow Oil downgrades output guidance again as it restores dividend Explorer has revised its oil production forecast down to 89,000-93,000 barrels per day ByCharlie TaylorWed Jul 24 2019 - 18:47 European stocks hold steady on stimulus hopes ...
2017 West Africa net non-operated production exceeded expectations at 23,500 bopd. Net production in 2018 is expected to be around 19,100 bopd. The reduced year-on-year forecast is primarily due to natural decline as a result of sustained low investment levels during a period of low oil pr...