Tullow Oil has said that continued strong production from the Jubilee field in Ghana continues to underpin its financial performance.
In an interim management statement, the company reiterated its production guidance of 86-92,000 boepd for the full year.
It said its Jubilee project is performing in-line with expectations while in Uganda the field partners and the government have moved closer to agreeing an upstream development plan.
Looking ahead, the company said that the rest of the year will be a busy and exciting time for it.
''With a strong balance sheet, robust production, planned portfolio activity to manage development capital and a set of industry-leading exploration basins and prospects, Tullow is well placed for the rest of the year and into 2014,'' the company stated.
