Tullow Oil: UK's Tullow Oil to sell Kenya assets for at least $120 million

News wire - West Africa-focused oil and gas explorer Tullow Oil said on Tuesday it would sell its assets in Kenya to Gulf Energy Ltd for at least $120 million as it works to reduce its debt. Tullow will get three $40 million payments, be entitled to royalty payments and have the right to 30% participation [...] The post UK's Tullow Oil to sell Kenya assets for at least $120 million appeared first on SweetCrudeReports.