Tullow Oil swings to positive first-half free cash flow on Ghana output
Revenue rose to $496 million from $411 million a year earlier. Realised oil price before hedging increased to $95.0 a barrel from $71.4.
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Tullow Oil swings to positive free cash flow as Ghana output, higher oil prices drive growth
West Africa-focused Tullow Oil LSE:TLW reported a sharp improvement in first-half free cash flow on Monday, driven by strong output from its Ghana fields, stronger-than-expected new-well performance and higher oil prices stemming from the Iran war.Here are details