
Nov 21 (Reuters) - Tullow Oil PLC TLW.L:
NOVEMBER TRADING UPDATE
2025 GROUP PRODUCTION TO END-OCTOBER AVERAGED C.40.7 KBOEPD
2025 GROUP PRODUCTION GUIDANCE IS EXPECTED TO BE AT LOWER END OF 40-45 KBOEPD RANGE
YEAR-END 2025 NET DEBT GUIDANCE IS C.$1.2 BILLION
2025 PRODUCTION TO END OCT AVERAGES 40.7 KBOEPD
OUTLOOK 2026 GROUP PRODUCTION 34-42 KBOEPD
INTO 2026 WILL LOOK TO OPTIMISE PRODUCTION VIA MANAGEMENT OF DECLINE AND ADDITIONAL PRODUCTION FROM NEW WELLS
ENGAGING WITH BONDHOLDERS, COMMODITY TRADERS, PRIVATE SOURCES OF FUNDING FOR REFINANCING CAPITAL STRUCTURE
PROGRESSING ALTERNATIVE OPTIONS WITH CERTAIN CREDITORS, INCLUDING AMEND AND EXTEND EXERCISE AND OTHER FORMS OF LIABILITY MANAGEMENT DEALS