Tullow Oil plc
Thursday 18th March at 2pm
Tullow Oil (LON:TLW)
Register:
https://us02web.zoom.us/webinar/register/8616136507245/WN_fxyVt8bnSVqu67MYY6SHqA
Come and join us for free by registering on the above link. As always we have a Q&A at the end as an opportunity to ask direct questions for you to hear responses from management.
Rahul Dhir, Chief Executive Officer and : Les Wood, Chief Financial Officer, will provide an introduction to Tullow Oil and an update on company performance following the full year results which are published on 10th March.
Company Description
Tullow Oil is a well-established and recognised oil explorer and producer, operating across Africa and South America.
The company focus is on finding and monetising oil in Africa and South America. Their key activities include targeted exploration and appraisal, selective development projects and growing our low-cost production. The company has a prudent financial strategy with diverse sources of funding.
Tullow’s strategy of a balanced E&P business is unchanged. Through controlled investment in their assets and continuous portfolio review to right size equities and realise value, they look to generate attractive free cash flow.
They operate a disciplined approach to exploration to find new oil and to monetise at discovery or through selective development to replace reserves and sustain future production. This is driven by safe delivery of robust production, which is the cash engine of the business.
Rahul Dhir, Chief Executive Officer
Rahul brings extensive leadership experience in oil and gas to Tullow. He joined Tullow from his role as CEO of Delonex Energy, an Africa-focused oil and gas company that he founded in 2013. Under his leadership, Delonex delivered low-cost drilling and seismic operations along with leading social and environmental performance in sub-Saharan Africa. In Chad, the company achieved material exploration success and discovered substantial oil resources. Delonex also delivered exploration campaigns in Ethiopia and Kenya where Delonex operates Block 12A with Tullow as a non-operating partner.
Prior to establishing Delonex, Rahul served as Managing Director and CEO of Cairn India from its IPO in 2006 until 2012
Les Wood, Chief Financial Officer
Les brings considerable financial and commercial expertise to Tullow, including major mergers and acquisitions delivery, joining in 2014 as Vice President Commercial and Finance after a 28-year career at BP plc. Les held a number of senior roles at BP plc including chief financial officer for BP…
