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TLW Tullow Oil Plc

38.16
0.24 (0.63%)
14 May 2024 - Closed
Delayed by 15 minutes
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
  0.24 0.63% 38.16 38.02 38.30 39.18 36.60 36.60 6,465,967 16:35:28
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Crude Petroleum & Natural Gs 1.63B -109.6M -0.0754 -5.08 556.64M

Tullow Oil Appoints Paul McDade as Chief Executive

11/01/2017 7:44am

Dow Jones News


Tullow Oil (LSE:TLW)
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LONDON-- Oil explorer Tullow Oil PLC (TLW.LN) Wednesday announced the appointment of a new Chief Executive and said production was in line with expectations for the year ended December 31.

The company is promoting chief operating officer Paul McDade to Chief Executive, replacing Aidan Heavey who becomes chairman, replacing Simon Thompson.

Oil production in West Africa averaged 65,500 barrels a day, in line with expectations, while Europe working interest gas full year net production averaged 6,200 barrels of oil equivalent a day, also in line with expectations, the company said.

The company predicts West African oil production of 78,000 to 85,000 barrels a day in 2017 and Europe gas production of between 6,000 and 7,000 barrels.

 

-Write to Rory Gallivan at rory.gallivan@wsj.com; Twitter: @RoryGallivan

 

(END) Dow Jones Newswires

January 11, 2017 02:29 ET (07:29 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.

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