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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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.38 | -1.05% | 35.82 | 35.80 | 35.94 | 37.00 | 35.80 | 36.00 | 6,482,435 | 16:35:01 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Crude Petroleum & Natural Gs | 1.63B | -109.6M | -0.0754 | -4.75 | 520.58M |
From May 2019 to May 2024
LONDON--The Special Chamber of the International Tribunal of the Law of the Sea in Hamburg has rejected a call from the Ivory Coast for Ghana to suspend oil exploration activity in offshore territory disputed by the two countries, exploration firm Tullow Oil PLC (TLW.LN) said Monday.
A suspension in the disputed region would have delayed the development on Tullow's TEN project.
"Development work on the TEN Project continues," Tullow said. "The project is now over 55% complete with all 10 of the wells expected to be online at first oil already drilled. The project remains within budget and on schedule with first oil expected in mid-2016," it added.
ITLOS has called for "continued cooperation" from the two countries until it reaches a final decision on the boundary dispute, which is expected in late 2017.
"Tullow is not a party to this arbitration process and will now await a decision by the Government of Ghana on how it will implement the provisional measures order," it added.
Write to Ed Ballard at ed.ballard@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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