Tullow Oil plc has repaid $48,211,589.95 million of its outstanding senior secured notes, which were due in 2028. FOCUS The company settled the debt, at 101% of the principal amount, on 24 Jun 2026, leaving $1,162,034,475 outstanding of the principal amount. Chief financial officer Richard Miller said: “This partial repayment of the notes has been enabled […]
Tag: Tullow Oil plc
Tullow PCA buys 960,000 shares
Tullow Oil plc today reported a purchase of 960,000 ordinary shares of 10 pence each in the company by a person closely associated with its chairman Roald Goethe. Birgitte Plauborg bought the shares on 15 June 2026 at £0.136 each, for an aggregate £130,095.40. Tullow’s main production assets are offshore Ghana.
Tullow director buys 426,000 shares
Tullow Oil plc non-executive director Garrett Soden has bought 426,000 ordinary shares of 10 pence each, at a price of £0.152 per ordinary share. The £64,752 purchase took place on 12 June 2026. The company holds decommissioning interests in the UK North Sea, and oil and gas operating assets in Ghana and non-operated production in […]
Tullow CFO buys 110,000 shares
Tullow Oil plc chief financial officer Richard Miller has bought 115,000 ordinary shares of 10 pence each in the company, at £0.17 per share. The £19,512.05 purchase took place on 22 May 2026. The company’s exploration and production assets are located offshore Ghana.
Tullow appoints four NEDs
Tullow Oil plc has appointed four independent non-executive directors, following its refinancing transaction and subject to shareholder approval. DIRECTORS On 20 February, the company entered into a binding lock-up agreement with holders of approximately 66% of its $1,285,245,000 10.25% senior secured notes due in May 2026, and with Glencore Energy UK Ltd. The deal releases Tullow’s senior secured notes […]
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 […]