Harbour Energy plc today started to buy back its own ordinary shares for up to a maximum aggregate value of $250 million (£185.6m). The company announced the news in its 2026 half year results, which showed “excellent” operational performance and record production of more than 500,000 barrels per day. Outlook for its free cash flow […]
Tag: free cash flow
Tullow signs debt refinancing deal
Tullow Oil plc has signed a binding lock-up agreement for refinancing of circa 66% of its $1,285,245,000 (£953m) 10.25% senior secured notes, due in May 2026. REVENUE The agreement, with debt holders including Glencore Energy UK Ltd’s $400 million notes,is expected to complete during the second quarter of 2026. The Irish company said that the transaction released its senior […]