Tullow acquires Schooner and Ketch fields

Tullow Oil announced today that it has entered into agreements with Shell UK Limited and Esso Exploration and Production UK Limited to purchase their entire producing interests in the Schooner and Ketch gas fields and surrounding acreage.

Tullow acquires Schooner and Ketch fields

Tullow Oil announced today that it has entered into agreements with Shell UK Limited and Esso Exploration and Production UK Limited to purchase their entire producing interests in the Schooner and Ketch gas fields and surrounding acreage.

The deal, which is financed by bank debt and internal resources, is worth £200m (€291.5m).

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