Anglo-Irish Tullow Oil said Thursday it has conditionally agreed a cash-and-share deal to buy all of Ghanaian-owned EO Group's interests off Ghana for $305 million. That will boost the UK-listed firm's interests in the West Cape Three Points license by 3.5% to 26.4% and in its operated deepwater Jubilee oil field by 1.75% to 36.5%. Shares will be issued to finance about $216 million of the deal, with the rest paid in cash.
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