Tullow Oil has reported that its pre-tax profits almost doubled to £187.3m in the first half of this year, boosted by higher oil and gas prices.
The company produced the equivalent of 70,550 barrels of oil per day in the first half, up 1% from a year earlier, and said it expected an average of 68,000 to 70,000 for the full year.
Tullow's revenue from sales of oil and gas rose by 33% to £378m, as the average oil and gas price rose by more than 40%.
Basic earnings per share more than trebled to 17.23p and an unchanged interim dividend of 2p will be paid.
