$313 million Lawsuit Filed
Submitted by Rajendra Malik on Tue, 04/19/2011 - 03:12
Tullow Oil has filed a $313 million lawsuit against its partner, British Oil Company, Heritage Oil. The lawsuit has been filed for recovering tax on fields due to Heritage.
Tullow Oil Reports Successful Appraisal Well on Kasamene Discovery
Submitted by Aaron Ross on Fri, 01/22/2010 - 14:49
After posting "outstanding” results from its Kasamene-2 appraisal well, Tullow Oil has managed to bag the likelihood of getting "early first oil" from Uganda's Lake Albert Rift Basin. The news was shared by the company on Friday.
Tullow Attempts to Sell 50% of its Combined Lake Albert Blocks
Submitted by Sarabjit Heera on Mon, 01/18/2010 - 21:44
Tullow Oil has derailed its attempt to sell up to half its Ugandan assets in a move analysts said was a "material" shifting its plans to bring in one or two partners to help with the estimated $5 billion cost of developing its Ugandan assets.
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