Jubilee field underpins Tullow's "high impact" exploration

Continued strong production from the Jubilee oil field in Uganda continues to underpin Tullow’s financial performance, the company said in an interim management statement this morning.

8th May, 2013

Continued strong production from the Jubilee oil field in Uganda continues to underpin Tullow’s financial performance, the company said in an interim management statement this morning.

The Jubilee field funds Tulllow’s “high-impact exploration programme” and supports its unchanged production guidance of 86-92,000 barrels of oil equivalent per day for the full year, the company said.

Jubilee field production has averaged 104,000 barrels of oil per day in the year...

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