Tullow Oil says sticking to Capricorn merger plans Exploration company Tullow Oil said today it would stick to the current form of its plan all-share merger plan with Capricorn Energy, shrugging off criticism from some Capricorn investors who say the deal undervalues the company. Business • 14 Sep 22
Tullow Oil says sticking to Capricorn merger plans Exploration company Tullow Oil said today it would stick to the current form of its plan all-share merger plan with Capricorn Energy, shrugging off criticism from some Capricorn investors who say the deal undervalues the company. Business • 14 Sep 22
Capricorn looking at options amid Tullow deal backlash Capricorn Energy, whose planned merger with rival Tullow Oil has faced investor backlash, said today it was exploring alternative deals after unnamed parties expressed interest. Business • 06 Sep 22
Capricorn looking at options amid Tullow deal backlash Capricorn Energy, whose planned merger with rival Tullow Oil has faced investor backlash, said today it was exploring alternative deals after unnamed parties expressed interest. Business • 06 Sep 22
Capricorn should ditch Tullow merger deal - Palliser Capricorn Energy investor Palliser has called on the firm to ditch a proposed merger with Tullow Oil after saying the deal was "one-sided" and short of "meaningful strategic rationale", a letter seen by Reuters showed. Business • 09 Aug 22
Capricorn should ditch Tullow merger deal - Palliser Capricorn Energy investor Palliser has called on the firm to ditch a proposed merger with Tullow Oil after saying the deal was "one-sided" and short of "meaningful strategic rationale", a letter seen by Reuters showed. Business • 09 Aug 22
Tullow Oil upbeat for second half of 2022 Africa-focused Tullow Oil said today it expected to make $200m in free cashflow this year at an average oil price of $95 a barrel, adding that it sees no cashflow in the first half after an arbitration payment and an acquisition. Business • 13 Jul 22
Tullow Oil upbeat for second half of 2022 Africa-focused Tullow Oil said today it expected to make $200m in free cashflow this year at an average oil price of $95 a barrel, adding that it sees no cashflow in the first half after an arbitration payment and an acquisition. Business • 13 Jul 22
Tullow Oil to buy Capricorn Energy for £657m West Africa-focused Tullow Oil will acquire Capricorn Energy in an all-stock deal valued at £656.9m, the two companies said today, as they focus on the reserve-rich African region. Business • 01 Jun 22
Tullow Oil to buy Capricorn Energy for £657m West Africa-focused Tullow Oil will acquire Capricorn Energy in an all-stock deal valued at £656.9m, the two companies said today, as they focus on the reserve-rich African region. Business • 01 Jun 22
