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Julius Erving

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Julius Erving

Re: seek the light post# 7043

Thursday, 01/14/2016 5:00:44 AM

Thursday, January 14, 2016 5:00:44 AM

Post# of 18778
Seek:

NEW VENTURES

Tullow has undertaken a strategic review of its New Ventures portfolio to determine how it can best use this period of reduced industry exploration activity to enhance its licence and prospect inventory in preparation for increasing drilling activity in future years. In 2016, our main focus will be to continue to selectively replenish and high grade the exploration opportunities for future growth. Tullow has been actively managing its current equity positions and exposure to drilling costs across the portfolio in 2015 and this work will continue in the coming year as we prepare for increased exploration activity in 2017/18, subject to market conditions.

http://www.tullowoil.com/media/press-releases/trading-statement-and-operational-update-Jan-2016

The Doctor.
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