Offshore staff
LONDON – Tullow Exploration & Production BV has agreed to sell a package of Dutch North Sea interests to Mercuria Energy Group subsidiary AU Energy for $81.1 million.
This involves the sale ofTullow Netherlands and its operated and non-operated shares in blocks L12/L15, Q4, and Q5. The package includes interests in six developed fields producing 1,500 boe/d net to Tullow.
Completion of the deal, expected in early 2015, remains conditional on ministerial consent.
09/05/2014
