Tullow completes purchase, drills appraisal


Issue 192 - 07 Aug 2010 | 2 minute read

Tullow Oil has completed the $1.35bn purchase of a 50% interest in blocks 1 and 3A from Heritage Oil & Gas, though the issue of Heritage’s tax bill has not been settled. Following conditional government approval on 6 July, all conditions have been met and assets transferred to Tullow Uganda.

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