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#Tullow Oil

# tullow-oil - Monday 22 June, 2015

An Irish oil company has agreed to a €220 million tax bill to Uganda

Uganda represents a huge emerging market for oil exploration.

# tullow-oil - Wednesday 11 February, 2015

This billion-dollar oil company founded in Carlow just posted its first loss in 15 years

The low oil price is not good news for exploration firms.

# tullow-oil - Thursday 15 January, 2015

Cheap oil is wreaking havoc with the best-laid plans of all these companies

Everyone’s re-setting the dial as commodity prices go through the floor.

# tullow-oil - Sunday 19 August, 2012

GALLERY: The 15 most valuable companies on the Irish Stock Exchange Big Money This post contains images

GALLERY: The 15 most valuable companies on the Irish Stock Exchange

There’s been some speculation about some firms delisting from Dublin. Here are the 15 biggest ones trading here.

# tullow-oil - Monday 26 July, 2010

SHARES of Irish oil company, Tullow Oil rose almost 6% on the news that the firm has discovered a major new oil field off Ghana.

The find is thought to be equivalent to one billion barrels of oil. The shares stand at $66 at 9.28am.

This is the second major discovery Tullow has made off the Ghana coast. Indications suggest the field is ‘world class’. Tullow had a 49.95% stake in the Owo field and a 22.895% stake in its other Ghana oil field – Jubilee.

Tullow exploration director Angus McCoss said: “Owo-1 has made a very substantial light oil discovery and continues the success of Tullow’s Equatorial Atlantic exploration campaign in West Africa. Given this success, we are immediately drilling an appraisal sidetrack to further assess the size of this find. Accelerated appraisal drilling will now focus on maturing the resources in both Owo and the adjacent Tweneboa accumulation towards commercialisation.”

Tullow has interests in over 85 exploration and production licences across 22 countries and focuses on four core areas: Africa, Europe, South Asia and South America. Tullow also has interests in the North Sea in addition to other interests in the Netherlands, South Asia and several African countries.