Tullow Oil plc issues the following statement in advance of the Group s Annual General Meeting . The meeting will take place at Tullow Oil plc, Building 9, Chiswick Park, London, W4.
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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.