Tullow Oil Gets ICC Ruling On $196.5 Million Tax Assessment In Ghana

By Reuters News

Sept 30 (Reuters) - Tullow Oil PLC TLW.L:

  • TULLOW OIL PLC: ICC DELIVERED TRIBUNAL'S AWARD WITH REGARD TO $196.5 MILLION CORPORATE INCOME TAX ASSESSMENT RELATING TO PROCEEDS RECEIVED BY TULLOW

  • TULLOW OIL PLC: TRIBUNAL ALSO RULED THAT ASSESSMENT OF PENALTIES OF 100%, FALL OUTSIDE SCOPE OF CONTRACTUAL PROTECTIONS IN CO'S PETROLEUM AGREEMENTS

  • TULLOW OIL PLC: RULED ASSESSMENT OF PENALTIES OF 100%, FALL OUTSIDE SCOPE OF CONTRACTUAL PROTECTIONS IN TULLOW'S PETROLEUM AGREEMENTS

  • TULLOW OIL PLC: TO CONSIDER NEXT STEPS AFTER FURTHER ENGAGEMENT WITH GOVERNMENT OF GHANA

  • TULLOW OIL PLC: ICC RULED THAT ASSESSMENT IS NOT IN BREACH OF TULLOW'S PETROLEUM AGREEMENTS

Further company coverage: TLW.L

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