TULLOW OIL PLC

Capital/Financing Update • Feb 18, 2016

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 3977P

Tullow Oil PLC

18 February 2016

News Release

Ghana Operational Update

18 February 2016 - Tullow Oil plc ('Tullow') announces that it has informed the Government of Ghana and its Partners of a change to operating procedures at the Jubilee field FPSO.

Following a recent inspection of the turret area of the Jubilee Floating Production Storage and Offtake vessel (FPSO), by SOFEC, the original turret manufacturer, a potential issue was identified with the turret bearing. As a precautionary measure, additional operating procedures to monitor the turret bearing and reduce the degree of rotation of the vessel are being put in place.

SOFEC will now undertake further offshore examinations and Tullow will work with SOFEC to determine what further measures will be required. Oil production and gas export is continuing as normal.

FOR FURTHER INFORMATION CONTACT:

Tullow Oil plc (London) (+44 20 3249 9000) Chris Perry (Investor Relations) James Arnold (Investor Relations) George Cazenove (Media Relations)	Citigate Dewe Rogerson (London) (+44 207 638 9571) Martin Jackson Grant Ringshaw	Murray Consultants (Dublin) (+353 1 498 0300) Pat Walsh Joe Heron

Notes to Editors              

Tullow Oil plc

Tullow is a leading independent oil & gas, exploration and production group, quoted on the London, Irish and Ghanaian stock exchanges (symbol: TLW). The Group has interests in over 120 exploration and production licences across 22 countries which are managed as three business delivery teams: West Africa, East Africa and New Ventures.

Follow Tullow on:

Twitter: www.twitter.com/TullowOilplc                                         YouTube: www.youtube.com/TullowOilplc 

Facebook: www.facebook.com/TullowOilplc                                 LinkedIn: www.linkedin.com/company/Tullow-Oil

Website: www.tullowoil.com 

This information is provided by RNS

The company news service from the London Stock Exchange

END

DRLGGUMAPUPQPGM