Tullow Oil

Progress but ‘hard yards’

  • Sectors : Resource
  • Companies : Tullow Oil

Ratings and price correct at time of issue.

  • Tullow Oil

    Closing Price: 207.7p

  • RATING 30/06/09

  • PREVIOUS RATING N/A

DAVY VIEW

Tullow Oil’s June operating review shows another half year of progress on several fronts but not always easily. Its two headline projects onshore Africa are steadily, but slowly, making their way through official channels. Elsewhere, the group’s operations performed much in line with expectations and new venture activity swings into action with the first of three second half wells expected to commence in the very near future.

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Jun 26 2019, 08:00 IST/BST

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