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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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.62 | 1.72% | 36.70 | 36.74 | 36.98 | 37.16 | 36.40 | 36.48 | 1,648,549 | 12:02:18 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Crude Petroleum & Natural Gs | 1.63B | -109.6M | -0.0754 | -4.87 | 533.67M |
LONDON--Tullow Oil PLC (TLW.LN) said Monday it has entered into a farm-down agreement with Total E&P Uganda B.V. regarding its assets in Uganda worth a total of $900 million in cash.
As part of the agreement, Tullow Oil will transfer 21.57% of its 33.33% stake in Exploration areas 1, 1A, 2 and 3A in Uganda to Total.
Shares at 1540 GMT up 15.30 pence, or 4.7%, at 340 pence valuing the company at GBP3.11 billion.
-Write to Olga Cotaga at olga.cotaga@wsj.com, Twitter @OlgaCotaga
(END) Dow Jones Newswires
January 09, 2017 10:57 ET (15:57 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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