Tullow agrees sale of its entire stake in the Lake Albert Development Project in Uganda to Total for US$575 million in cash plus post first oil contingent payments

Tullow agrees sale of its entire stake in the Lake Albert Development Project in Uganda to Total for US$575 million in cash plus post first oil contingent payments
Gil Holzman, Chief Executive Officer commented: Today Eco Atlantic’s first Guyana well has been spud, three years ahead of our Petroleum Agreement commitment.
Filled oil drums are seen at Royal Dutch Shell Plc’s lubricants blending plant in the town of Torzhok, north-west of Tver, November 7, 2014. REUTERS/Sergei Karpukhin/File Photo Oil majors