Tullow Oil Agrees $900m Uganda Asset Transfer With Total
Source: BFW (Bloomberg First Word)
Tickers
FP FP (TOTAL SA)
TLW LN (Tullow Oil PLC)
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UUID: 7947283
(Bloomberg) -- Tullow to transfer 21.57% interest in Exploration Areas 1, 1A, 2 and 3A in Uganda to Total for total consideration of $900m, Tullow says in statement.
Alert: HALISTER- Tullow to retain 11.76% interest in upstream and pipeline **Would reduce to 10% when Uganda government exercises right to back-in
- Tullow shares rise as much as 8.4%
Source: BFW (Bloomberg First Word)
Tickers
FP FP (TOTAL SA)
TLW LN (Tullow Oil PLC)
To de-activate this alert, click here
UUID: 7947283