Proactive Investors UK | Tullow Oil lines up £607m rights issue to pay down debt Financial Times Tullow has taken a number of significant steps since 2014 to re-set and restructure the business to ensure the Group is well positioned to meet the challenge of lower oil prices. As a result, we are now producing positive free cash flow and have begun ... Tullow Oil to hit financial reset with US$790mln rights issue Tullow Oil to raise 607 million pounds via rights issue |