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Home>Tullow Sees 1st Half Profit More Than Halving Amid Lower Oil Prices

Tullow Sees 1st Half Profit More Than Halving Amid Lower Oil Prices

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Wed, 1 Jul 2015

By Selina Williams LONDON--Tullow Oil PLC, the U.K.'s largest independent oil explorer, said Wednesday that gross profit for the first half of the year is expected to more than halve amid lower oil prices and slightly lower production. Tullow said in a trading update that gross profit is expected
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