Tullow Oil retains full-year production outlook

Date:

May 24, 2023

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Oil and gas explorer Tullow Oil (TLW.L) on Wednesday maintained its 2023 production forecast of 58,000 to 64,000 barrels per day, and said its capital expenditure of $400 million would be weighted towards the first half of the year.

The company said net production in the first quarter of 2023 came in at 53,700 barrels per day.

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