Tullow Oil completes its offering

Tullow Oil completes its offering

Tullow Oil plc (“Tullow” or the “Company”) is pleased to announce that it has completed its offering of $650 million aggregate principal amount of 6% senior notes due 2020 (the “Notes”).

Interest will be payable semi-annually. The Notes, whose net proceeds will be used to repay certain existing indebtedness under the Company’s credit facilities (but not cancel commitments under such facilities), will be the senior obligations of the Company and guaranteed by certain of the Company’s subsidiaries.

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