UK-listed independent Tullow Oil says first-half figures due out in August will show revenues of around $1 billion, thanks to the start-up of its flagship Jubilee field offshore Ghana - a development that finance director Ian Springett believes spells "a different place for Tullow, in the sense of having a strong source of organic cash flow to help fund the business." Springett also confirmed on a conference call Tuesday that a secondary share offer in Ghana closed on Monday (IOD Jun.1'11).
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