Tullow Oil claims to have $ 500 million liquidity margin – MarketWatch

Tullow Oil claims to have $ 500 million liquidity margin – MarketWatch

Tullow Oil PLC said on Wednesday it would retain $ 500 million of liquidity margin on unused facilities and available cash at the start of the fourth quarter of 2020. The London-listed oil and gas company said the financial position was considered appropriate given its capital commitments. The announcement follows the completion of Tullow’s semi-annual […]

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