Tullow completes the acquisition of Heritage’s Ugandan assets
Wednesday, Jul 28, 2010
Tullow Oil plc (“Tullow”) announces that on 26 July 2010, Tullow Uganda Limited (“Tullow Uganda”), a subsidiary of Tullow, has completed the US$1.35 billion acquisition of a 50% interest in Blocks 1 and 3A in Uganda from Heritage Oil & Gas Limited (“HOGL”) with an additional contractual settlement amount of US$100 million.