Tullow Oil has issued the a statement in advance of the Group’s 2022 Full Year Results scheduled for 8 March 2023. Strong operational delivery, rigorous focus on costs and capital discipline, the increased equity in key operated fields in Ghana and higher oil prices drove material, expectation-beating free cash flow generation in 2022, accelerating the Group’s deleveraging towards a net debt to EBITDAX ratio of 1.3 times by the year-end.
Ghana
Norway
Mauritania
Kenya
Paris
France-general
France
United-kingdom
Argentina
Ezanga
Region-du-moyen-ogooue
Gabon