Tullow Oil plc non-executive director Roald Goethe has bought 100,000 ordinary shares of 10 pence each, at a price of £0.168 per share. The purchase for £16,800 took place on 25 June 2025. Tullow’s operated and non-operated assets are located in Africa, Argentina and the UK.
Tag: Tullow Oil plc
Tullow signs MoU to extend Ghana licences
Tullow Oil plc has signed a tentative agreement to extend until 2040 the West Cape Three Points and Deepwater Tano licences, covering the Jubilee and TEN fields, offshore Ghana. OPPORTUNITY The TEN project comprises the three offshore fields of Tweneboa, Enyenra and Ntomme, which lie in the Deepwater Tano block, 60 kilometres offshore Western Ghana. […]
Tullow signs SPA for Gabon assets
Tullow Oil plc has signed a sale and purchase agreement to sell all the shares in its Gabonese subsidiary to Gabon Oil Company for US$300 million cash, net of tax. DEBT The move, covering all of Tullow’s non-operated working interests in Gabon, follows the binding heads of terms signed in March. Payment is due following […]
Tullow NED purchases 150,000 shares
Tullow Oil plc non-executive director Roald Goethe has bought 150,000 ordinary shares of 10 pence each at a price of £0.1350 per ordinary share. The transaction for £20,250 took place on 23 April 2025. The company holds decommissioning assets in the UK as well as licences in Cote d’Ivoire, Gabon, Ghana, Kenya and Argentina.
Tullow to sell Kenya oil assets for at least $120m
Tullow Oil plc has agreed to sell its entire working interests in four blocks in the South Lokichar Basin, Kenya for a “minimum” of $120 million cash. VALUE The heads of terms agreement follows the company’s attempts in 2023 to secure a farm-out after its then partners exited the project. Buyer Gulf Energy Ltd will […]
Tullow NED acquires 700,000 shares
Tullow Oil plc non-executive director Roald Goethe has purchased 700,000 ordinary shares of 10 pence each in the company for a total £103,390. The acquisition, in two blocks of 250,000 and two of 100,000 shares, were at a price between 14.6 and 15.07 pence per ordinary share. The transactions took place on 25 March 2025.