Tullow Oil plc
Tullow Oil (LON:TLW)
Tuesday 29th March at 12pm
Register: https://us02web.zoom.us/webinar/register/4416443396245/WN_zuKrMkEKQD2ad186qYMiEg
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Rahul Dhir, Chief Executive Officer, will provide an introduction to Tullow Oil and an update on company performance following the Full-year results which were published on 9th March.
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
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