Tullow Oil PLC (FRA:TQW)
€ 0.2415 -0.0035 (-1.43%) Market Cap: 359.27 Mil Enterprise Value: 2.72 Bil PE Ratio: 108.70 PB Ratio: 0 GF Score: 42/100

Q1 2022 Tullow Oil PLC Trading Statement Call Transcript

Jul 13, 2022 / 08:00AM GMT
Release Date Price: €0.511 (+1.89%)
Rahul Dhir
Tullow Oil plc - CEO & Executive Director

Good morning, everyone, and literally a warm welcome to you guys. I think those of you in London, hope you are enjoying a nice summer day.

It was interesting, I was -- not to get over overly philosophical, but it's been just about over 2 years since I joined Tullow. And I thought it would be good to just take a step back and really just share some key reflections with you. And there are probably 3 big things I wanted to highlight.

So the first is when I came to Tullow and probably one of my earlier observations was really around the quality of the resource space that underpins our assets. And that really gave us the confidence 2 years ago to put together a business plan, which was very clear in terms of value creation and deleveraging. I think as we've looked at the resource more, we are even more encouraged and more excited. And in particular, what we've done in the trading statement is we've taken the opportunity to highlight a couple of sort of interesting projects that are coming to the fore as we understand the resource

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