Even with several positive news stories out recently, Jonathan Smith thinks the longer-term direction of the Tullow Oil share price is lower, not higher.
Tullow oil PLC - 2020 FULL Year Results 10 March 2021 - Tullow Oil plc ( Tullow ), the independent oil and gas exploration and production group ( Group ), announces its Full Year Results for the year ended 31 December 2020. Details of a management presentation, webcast and conference call are available on the last page of this announcement or visit the Group s website www.tullowoil.com.
Rahul Dhir, Chief Executive Officer, Tullow Oil plc, commented today: After a year of significant change for Tullow, we are now executing a robust, cash generative business plan which is focused on our most productive assets. We have transformed our cost base, implemented rigorous capital discipline and are well placed to benefit from higher oil prices. We will start a multi-year, multi-well drilling programme in Ghana