Tullow Oil has had a 65 per cent exploration and appraisal success ratio year to date and has posted a record first half revenue in 2012 of $1.15 billion.
The company said that its $2.9 billion Uganda farm-down has been completed and that significant operational activity has recommenced. Remediation at its Jubilee field is progressing well, it said, and it expects to carry out a “high-impact” exploration and appraisal programme of approximately 40 wells over the coming 12...
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