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Last updated on April 24, 2014 at 21:24 EDT

Latest Tullow Stories

2014-03-12 08:22:22

HOUSTON, March 12, 2014 /PRNewswire/ -- Hyperdynamics Corporation (NYSE: HDY) today announced that Tullow Guinea Limited ("Tullow") asserted on March 11, 2014 to the Government of Guinea and members of the Consortium its claim that there has been a Force Majeure event under the Production Sharing Contract (PSC) and the Joint Operating Agreement (JOA). The members of the Consortium and their participating interests in the Concession from the Government of Guinea granting exploration...

2013-08-05 08:20:24

Identifies blocks to be relinquished to the Republic of Guinea HOUSTON, Aug. 5, 2013 /PRNewswire/ -- Hyperdynamics Corporation (NYSE: HDY) announced today that Tullow Oil Guinea Ltd. has formally notified the Republic of Guinea, on behalf of the consortium that is exploring for oil offshore Guinea, of its intent to elect to extend the Second Exploration Period for an additional three years, as provided for under the terms of its existing Production Sharing Contract (PSC). During...

2013-04-11 08:20:41

LONDON, April 11, 2013 /PRNewswire/ -- Palantir Solutions [http://www.palantirsolutions.com ], the leading provider of integrated dynamic planning solutions for the upstream oil and gas industry has been selected by Tullow Oil plc (Tullow) to deliver portfolio management. The addition of Tullow to Palantir's growing list of clients is a further indication of the increasing demand for Palantir's economic and portfolio planning services and solutions. Senior Vice...

2012-12-31 08:20:45

HOUSTON, Dec. 31, 2012 /PRNewswire/ -- Hyperdynamics Corporation (NYSE: HDY) today announced that its wholly owned subsidiary, SCS Corporation Ltd, has completed the previously announced sale of a 40% gross interest in the Company's oil and gas exploration concession offshore Guinea to Tullow Guinea Ltd., a subsidiary of U.K.-based Tullow Oil plc. Guinea's Ministry of Mines and Geology formally approved the sale by issuing an Arrete on December 27, the transaction closed today, and Tullow...

2012-11-20 08:22:48

HOUSTON, Nov. 20, 2012 /PRNewswire/ -- Hyperdynamics Corporation (NYSE: HDY) today announced that its wholly owned subsidiary, SCS Corporation Ltd, has entered into an agreement with Tullow Guinea Ltd., a subsidiary of Tullow Oil plc, for the sale of a 40% gross interest in Hyperdynamics' oil and gas exploration concession offshore Guinea and the transfer of operatorship to Tullow. Subject to the completion of due diligence, the sale is expected to close by year-end following the...

2012-02-21 06:00:00

HONG KONG, Feb. 21, 2012 /PRNewswire-Asia/ -- CNOOC Limited (the "Company", NYSE:CEO; SEHK:0883) announced the closing of the Sale and Purchase Agreements ("SPAs") between the Company and Tullow Oil plc ("Tullow"). According to the SPAs, the Company purchased one third interest from Tullow in Exploration Areas ("EA") 1, 2 and 3A in Uganda. The total consideration of the transaction was approximately US$1.467 billion in cash. (Logo: http://www.prnasia.com/sa/200701301659.jpg ) After the...

2012-01-24 12:27:00

ACCRA, Ghana, January 24, 2012 /PRNewswire/ -- This morning Africa's largest independent oil company, Tullow Oil plc ('Tullow'), kicked off a new business initiative aimed at attracting and facilitating further investment in the continent. Photos available here: http://www.prnewswire.co.uk/newsindex.shtml?/cgi/news/release?id=345974 Invest in Africa aims to encourage long-term investment across the continent to help build and develop local capacity, boost domestic...

2011-03-30 00:20:00

HONG KONG, March 30, 2011 /PRNewswire-Asia/ -- CNOOC Limited (the "Company", NYSE: CEO, SEHK: 0883) announced today that the Company and Tullow Oil plc ("Tullow") entered into Sale and Purchase Agreements ("SPAs") on March 29(th) for the acquisition of Tullow's one third interest in Exploration Areas ("EA") 1, 2 and 3A in Uganda. (Logo: http://www.prnasia.com/xprn/sa/200701301659.jpg ) Total consideration of the transaction is approximately US$1.467 billion in cash, subject to closing...

2009-03-25 03:47:00

LONDON, March 25 /PRNewswire-FirstCall/ -- Tullow Oil plc (Tullow) announces that the deeper section of the Tweneboa-1 exploration well offshore Ghana and the Karuka-2 exploration well drilling the Vundu prospect in Block 2 Uganda have both encountered oil bearing sands. Oil encountered deeper in Tweneboa-1 exploration well (Tullow 49.95%) On behalf of the Deepwater Tano licence partners, Tullow announces that following the significant light hydrocarbon discovery reported earlier this month,...

2009-03-11 04:48:00

Record results in 2008 Exciting outlook for 2009 as Tullow delivers the next phase of growth LONDON, March 11 /PRNewswire-FirstCall/ -- Tullow Oil plc (Tullow), the independent oil and gas exploration and production group, announces its results for the year ended 31 December 2008. Results summary Tullow has maintained its outstanding exploration record and made excellent progress in developing its world-class basins in Ghana and Uganda. The Group has significantly strengthened the balance...