Tullow Oil PLC Côte d'Ivoire Update (3890C)

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RNS Number : 3890C

Tullow Oil PLC

12 June 2023

TULLOW OIL PLC

C ô te d'Ivoire Update

12 June 2023 - Tullow Oil plc's (Tullow) capital allocation strategy is to focus on its highest return producing assets and to maximise cash flow.

In line with this strategy, Tullow is considering all options with respect to its interest in the Espoir field in Côte d'Ivoire. No formal commitments have been made. In the event this process develops, Tullow will update the market as appropriate.

Ends

CONTACTS

 
 Tullow Oil plc        Camarco 
  (London)              (London) 
  (+44 20 3249 9000)    (+44 20 3757 4986) 
  Nicola Rogers         Billy Clegg 
  Matthew Evans         Georgia Edmonds 
                        Rebecca Waterworth 
====================  ====================

This announcement contains inside information for the purposes of Article 7 of Regulation 2014/596/EU which is part of domestic UK law pursuant to the Market Abuse (Amendment) (EU Exit) Regulations (SI 2019/310) ('UK MAR'). Upon the publication of this announcement, this inside information (as defined in UK MAR) is now considered to be in the public domain. This announcement is being made on behalf of Tullow by Adam Holland, Company Secretary.

Notes to editors

Tullow is an independent oil & gas, exploration and production group which is quoted on the London and Ghanaian stock exchanges (symbol: TLW). The Group has interests in over 30 licences across eight countries. In March 2021, Tullow committed to becoming Net Zero on its Scope 1 and 2 emissions by 2030. For further information, please refer to our website at www.tullowoil.com .

Follow Tullow on:

Twitter: www.twitter.com/TullowOilplc

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Facebook: www.facebook.com/TullowOilplc

LinkedIn: www.linkedin.com/company/Tullow-Oil

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June 12, 2023 03:33 ET (07:33 GMT)

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