Wednesday, November 9, 2016

Tullow cuts FY capital budget, West African production forecast

Nov 9 (Reuters) - Africa-focused Tullow Oil Plc

slashed full-year spending budget and lowered the forecast for

its oil production in West Africa, as it seeks to weather an oil

price slump, while a delay in ramping up output at its

multi-billion dollar TEN oil fields offshore Ghana also weighed

on outlook.

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