LONDON, July 14 (Reuters) – Africa-focused Tullow Oil expects a full-year operating cashflow of $600 million, steady from last year, if the oil price averages $60 a barrel for the rest of the year, it said on Wednesday.
If oil prices, currently at around $76 a barrel, average $70 for the remainder of the year, operating cashflow would go up by $50 million, it added. (Reporting by Shadia Nasralla, editing by Louise Heavens)
(c) Copyright Thomson Reuters 2021. Click For Restrictions – https://agency.reuters.com/en/copyright.html