Company Moves News Oil & Gas

Tullow Oil appoints Rebecca Wiles as non-executive director

Tullow Oil plc has appointed Rebecca Wiles as an independent non-executive director, effective from 28 June. She replaces Dr Mike Daly who is retiring. Ms Wiles has gained deep technical subsurface and geoscience expertise following a 33-year career at BP. She also has emerging markets experience through her role as vice president of exploration and […]

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Tullow Oil notes further 450,000 shares purchase

Tullow Oil plc reported a further purchase of 450,000 ordinary shares of 10 pence each in the company. On 22 June 2023, Birgitte Goethe, a person closely associated with non-executive director Roald Goethe, bought the shares in three tranches of 150,000 at an average price of £0.294 pence per share, for a total £132,220.50.

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Tullow Oil directors purchase total 746,000 ordinary shares for £200,000

Tullow Oil plc’s directors purchased between 19 and 20 June a total 746,000 ordinary shares each of 10p in the company for an approximate total of £200,000. DIRECTORS’ DEALINGS Non-executive director (NED) Roald Goethe purchased 250,000 ordinary shares, in four batches, at an average £0.27 for each ordinary share for a total £66,740. Chief executive […]

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Tullow considers options for Espoir field

Tullow Oil plc said it was considering all options for the Espoir field, offshore Côte d’Ivoire. DEVELOPMENT The company holds a 26% working interest in the FPSO development, south west of Abidjan. In a brief statement today Tullow said: “No formal commitments have been made. “In the event this process develops, Tullow will update the […]

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Shareholders refuse to support Tullow Oil’s share buyback

Tullow Oil plc has failed to win shareholders’ approval to buy back its own shares. DIRECTORS At today’s general meeting a total of 246,564,929 shareholders, equal to 27.29%, voted against resolution 19. Of an aggregate 903,642,231 shareholders, those who abstained numbered 670,045. All other 18 resolutions were passed although with some dissent over re-election of […]