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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Tullow Oil Plc | LSE:TLW | London | Ordinary Share | GB0001500809 | ORD 10P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.58 | 1.66% | 35.54 | 34.90 | 35.28 | 35.54 | 35.00 | 35.00 | 104,861 | 08:24:38 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Crude Petroleum & Natural Gs | 1.63B | -109.6M | -0.0754 | -4.64 | 508.37M |
From May 2019 to May 2024
By Carlo Martuscelli
Tullow Oil PLC (TLW.LN) on Thursday said that it has acquired a 90% stake in four onshore blocks in Ivory Coast, with the remaining 10% held by the country's oil-and-gas company, Petroci.
The four blocks comprise an area of 5,035 square kilometers (1,944 suare miles) on the Ivorian coastline and are located in a proven oil system, as shown by multiple oil seeps and past production, Tullow said.
The company added that it will begin a survey in early 2018 to assess the licenses' potential.
The acquisition will add to the company's existing exploration portfolio, Tullow said.
Write to Carlo Martuscelli at carlo.martuscelli@dowjones.com
(END) Dow Jones Newswires
October 12, 2017 02:37 ET (06:37 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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