Farm Down | Egypt Oil & Gas

Tullow Sells Uganda Assets to Total for $900m

UK's Tullow Oil plc announced that it agreed to farm-down 21.57% of its 33.33% interests in Exploration Areas 1, 1A, 2 and 3A in Uganda to Total E&P Uganda B.V. (Total) for a total consideration of $900m.

Tullow Strikes More Oil Explorations in Kenya

Tullow Oil has said it is not planning to farm down its Kenyan assets after it sold part its Ugandan assets to Total in January.

Tullow Farmed Down to Total in Uganda

Tullow has agreed to transfer 21.57% of its 33.33% interests in Exploration Areas 1, 1A, 2 and 3A in Uganda to Total for a total consideration of $900m.

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