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GlobalData

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World

Tullow Oil to sell Gabon assets for $300m

GlobalData
Summary
Nutrition label

79% Informative

The sale includes Tullow 's entire Gabonese portfolio, which comprises approximately 10,000 barrels of oil per day of 2025 production guidance and around 36 million barrels of 2P (proven) reserves.

The effective date for the transaction was set for 1 January 2025 , with the sale and purchase agreement ( SPA ) targeted for the second quarter of 2025 .

VR Score

76

Informative language

72

Neutral language

61

Article tone

formal

Language

English

Language complexity

65

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

medium-lived

Affiliate links

no affiliate links

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