UK-based independent Tullow Oil saw its share price bounce in London on Thursday after announcing that its lenders had decided to maintain the firm's available debt at $3.7 billion. The decision, which follows a routine sixmonthly redetermination of Tullow's reservesbased lending facility, means the firm is fully funded to meet its capital commitments, including the ongoing investment in its key Ten scheme in Ghana. The development remains on budget and on track to start up in mid-2016, Tullow said.
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