Tullow to list in Ghana

31st May 2011 08:40

Irish oil giant Tullow Oil is to seek a secondary listing of its shares on the Ghana Stock Exchange.The listing will coincide with the offer of 4m Tullow shares in Ghana. The price of the offering will be announced on Monday, 13 June. "Tullow is fortunate to have played a pivotal role in delivering First Oil from the word-class Jubilee field, offshore Ghana. We would like everyone in Ghana to have the opportunity to invest in the future performance of Tullow, especially as we embark upon further exciting exploration and development activities in Ghana and across our global portfolio," said Tullow's chief executive, Aidan Heavey. --jh