Scandinavian Oil-Gas Magazine
http://www.scandoil.com/moxie-bm2/news/tullow-oil-issues-trading-statement.shtmlTullow Oil issues trading statement
Tullow Oil plc issues this statement to summarise recent operational activities and to provide trading guidance in respect of the financial year to 31 December 2015. T
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Tullow Oil plc issues this statement to summarise recent operational activities and to provide trading guidance in respect of the financial year to 31 December 2015. This is in advance of the Group's Full Year Results, which are scheduled for release on Wednesday 10 February 2016. The information contained herein has not been audited and may be subject to further review and amendment.
Commenting today, Aidan Heavey, Chief Executive said, in 2015, Tullow not only reset its business to deal with very difficult market conditions but also delivered on its key operational goals. Strong West African oil production supported by a significant hedge programme delivered pre-tax operating cash flow of $1 billion.
