(TLW.L) Tullow Oil PLC Buy/Sell

RNS Number : 0777V Tullow Oil PLC 03 July 2009

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

This form is intended for use by an issuer to make a RIS notification required by DR 3.1.4R(1).

(1) An issuer making a notification in respect of a transaction relating to
the shares or debentures of the issuer should complete boxes 1 to 16, 23
and 24.

(2) An issuer making a notification in respect of a derivative relating the
shares of the issuer should complete boxes 1 to 4, 6, 8,13, 14, 16, 23
and 24.

(3) An issuer ma
king a notification in respect of options granted to a director/person
discharging managerial responsibilities should complete boxes 1 to 3 and
17 to 24.

(4) An issuer making a notification in respect of a financial instrument
relating to the shares of the issuer (other than a debenture) should
complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.

Please complete all relevant boxes should in block capital letters.

1. Name of the issuer

TULLOW OIL plc

2. State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R(1)(a); or

(ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or

(iii) both (i) and (ii)

RELATES TO (iii)

3. Name of person discharging managerial responsibilities/director

ANGUS McCOSS

4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

N/A

5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest

IN RESPECT OF PERSON REFERRED TO IN 3 ABOVE

6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares

ORDINARY SHARES OF 10p

7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

COMPUTERSHARE TRUSTEES LIMITED

8. State the nature of the transaction

PURCHASE OF SECURITIES ('PARTNERSHIP SHARES') AND RECEIPT OF AN AWARD OF FREE SHARES ('MATCHING SHARES') UNDER AN INLAND REVENUE APPROVED SHARE INCENTIVE PLAN AT THE END OF AN ACCUMULATION PERIOD FOR SAVINGS.

9. Number of shares, debentures or financial instruments relating to shares acquired

92 (46 PURCHASED PARTNERSHIP SHARES AND 46 FREE MATCHING SHARES)

10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

0.0000114%

11. Number of shares, debentures or financial instruments relating to shares disposed

N/A

12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

N/A

13. Price per share or value of transaction

803p

14. Date and place of transaction

1 JULY 2009: LONDON STOCK EXCHANGE

15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

59,145 shares (0.00736%) (Including 59,053 ordinary shares and 1,728 SIP shares)

16. Date issuer informed of transaction

1 JULY 2009

If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes

17 Date of grant

18. Period during which or date on which it can be exercised

19. Total amount paid (if any) for grant of the option

20. Description of shares or debentures involved (class and number)

21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise

22. Total number of shares or debentures over which options held following notification

23. Any additional information

THE MATCHING SHARES MUST NORMALLY BE HELD IN TRUST FOR A PERIOD OF THREE YEARS AFTER WHICH THEY MAY EITHER BE LEFT IN TRUST OR WITHDRAWN (AND EITHER RETAINED OR SOLD). ALL OR SOME OF THE MATCHING SHARES MAY BE LOST ON CESSATION OF EMPLOYMENT (EXCEPT IN CERTAIN COMPASSIONATE CIRCUMSTANCES) AND ON DISPOSAL WITHIN THREE YEARS OF THE CORRESPONDING PARTNERSHIP SHARES.

24. Name of contact and telephone number for queries

MANINDER DHIMAN

0208 996 1078

Name and signature of duly authorised officer of issuer responsible for making notification

Date of notification

2 JULY 2009

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

This form is intended for use by an issuer to make a RIS notification required by DR 3.1.4R(1).

(1) An issuer making a notification in respect of a transaction relating to
the shares or debentures of the issuer should complete boxes 1 to 16, 23
and 24.

(2) An issuer making a notification in respect of a derivative relating the
shares of the issuer should complete boxes 1 to 4, 6, 8,13, 14, 16, 23
and 24.

(3) An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete
boxes 1 to 3 and 17 to 24.

(4) An issuer making a notification in respect of a financial instrument
relating to the shares of the issuer (other than a debenture) should
complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.

Please complete all relevant boxes should in block capital letters.

1. Name of the issuer

TULLOW OIL PLC

2. State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R(1)(a); or

(ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or

(iii) both (i) and (ii)

RELATES TO (iii)

3. Name of person discharging managerial responsibilities/director

GRAHAM MARTIN

4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

N/A

5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest

IN RESPECT OF PERSON REFERRED TO IN 3 ABOVE

6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares

ORDINARY SHARES OF 10p

7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

COMPUTERSHARE TRUSTEES LIMITED

8 State the nature of the transaction

PURCHASE OF SECURITIES ('PARTNERSHIP SHARES') AND RECEIPT OF AN AWARD OF FREE SHARES ('MATCHING SHARES') UNDER AN INLAND REVENUE APPROVED SHARE INCENTIVE PLAN AT THE END OF AN ACCUMULATION PERIOD FOR SAVINGS.

9. Number of shares, debentures or financial instruments relating to shares acquired

92 (46 PURCHASED PARTNERSHIP SHARES AND 46 FREE MATCHING SHARES)

10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

0.0000114%

11. Number of shares, debentures or financial instruments relating to shares disposed

N/A

12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

N/A

13. Price per share or value of transaction

803p

14. Date and place of transaction

1 JULY 2009: LONDON STOCK EXCHANGE

15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

1,442,385 (0.179%) (Comprising 1,435,687 owned shares and 6,698 SIP shares)

16. Date issuer informed of transaction

1 JULY 2009

If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes

17 Date of grant

18. Period during which or date on which it can be exercised

19. Total amount paid (if any) for grant of the option

20. Description of shares or debentures involved (class and number)

21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise

22. Total number of shares or debentures over which options held following notification

23. Any additional information

THE MATCHING SHARES MUST NORMALLY BE HELD IN TRUST FOR A PERIOD OF THREE YEARS AFTER WHICH THEY MAY EITHER BE LEFT IN TRUST OR WITHDRAWN (AND EITHER RETAINED OR SOLD). ALL OR SOME OF THE MATCHING SHARES MAY BE LOST ON CESSATION OF EMPLOYMENT (EXCEPT IN CERTAIN COMPASSIONATE CIRCUMSTANCES) AND ON DISPOSAL WITHIN THREE YEARS OF THE CORRESPONDING PARTNERSHIP SHARES.

24. Name of contact and telephone number for queries

MANINDER DHIMAN

0208 996 1078

Name and signature of duly authorised officer of issuer responsible for making notification

Date of notification

2 JULY 2009

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

This form is intended for use by an issuer to make a RIS notification required by DR 3.1.4R(1).

(1) An issuer making a notification in respect of a transaction relating to
the shares or debentures of the issuer should complete boxes 1 to 16, 23
and 24.

(2) An issuer making a notification in respect of a derivative relating the
shares of the issuer should complete boxes 1 to 4, 6, 8,13, 14, 16, 23
and 24.

(3) An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete
boxes 1 to 3 and 17 to 24.

(4) An issuer making a notification in respect of a financial instrument
relating to the shares of the issuer (other than a debenture) should
complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.

Please complete all relevant boxes should in block capital letters.

1. Name of the issuer

TULLOW OIL plc

2. State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R(1)(a); or

(ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or

(iii) both (i) and (ii)

RELATES TO (iii)

3. Name of person discharging managerial responsibilities/director

PAUL McDADE

4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

N/A

5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest

IN RESPECT OF PERSON REFERRED TO IN 3 ABOVE

6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares

ORDINARY SHARES OF 10p

7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

COMPUTERSHARE TRUSTEES LIMITED

8. State the nature of the transaction

PURCHASE OF SECURITIES ('PARTNERSHIP SHARES') AND RECEIPT OF AN AWARD OF FREE SHARES ('MATCHING SHARES') UNDER AN INLAND REVENUE APPROVED SHARE INCENTIVE PLAN AT THE END OF AN ACCUMULATION PERIOD FOR SAVINGS.

9. Number of shares, debentures or financial instruments relating to shares acquired

92 (46 PURCHASED PARTNERSHIP SHARES AND 46 FREE MATCHING SHARES)

10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

0.0000114%

11. Number of shares, debentures or financial instruments relating to shares disposed

N/A

12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

N/A

13. Price per share or value of transaction

803p

14. Date and place of transaction

1 JULY 2009: LONDON STOCK EXCHANGE

15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

299,879 (0.0373%) (Comprising 293,181owned shares and 6,698 SIP shares)

16. Date issuer informed of transaction

1 JULY 2009

If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes

17 Date of grant

18. Period during which or date on which it can be exercised

19. Total amount paid (if any) for grant of the option

20. Description of shares or debentures involved (class and number)

21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise

22. Total number of shares or debentures over which options held following notification

23. Any additional information

THE MATCHING SHARES MUST NORMALLY BE HELD IN TRUST FOR A PERIOD OF THREE YEARS AFTER WHICH THEY MAY EITHER BE LEFT IN TRUST OR WITHDRAWN (AND EITHER RETAINED OR SOLD). ALL OR SOME OF THE MATCHING SHARES MAY BE LOST ON CESSATION OF EMPLOYMENT (EXCEPT IN CERTAIN COMPASSIONATE CIRCUMSTANCES) AND ON DISPOSAL WITHIN THREE YEARS OF THE CORRESPONDING PARTNERSHIP SHARES.

24. Name of contact and telephone number for queries

MANINDER DHIMAN

0208 996 1078

Name and signature of duly authorised officer of issuer responsible for making notification

Date of notification

2 JULY 2009

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

This form is intended for use by an issuer to make a RIS notification required by DR 3.1.4R(1).

(1) An issuer making a notification in respect of a transaction relating to
the shares or debentures of the issuer should complete boxes 1 to 16, 23
and 24.

(2) An issuer making a notification in respect of a derivative relating the
shares of the issuer should complete boxes 1 to 4, 6, 8,13, 14, 16, 23
and 24.

(3) An issuer ma
king a notification in respect of options granted to a director/person
discharging managerial responsibilities should complete boxes 1 to 3 and
17 to 24.

(4) An issuer making a notification in respect of a financial instrument
relating to the shares of the issuer (other than a debenture) should
complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.

Please complete all relevant boxes should in block capital letters.

1. Name of the issuer

TULLOW OIL plc

2. State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R(1)(a); or

(ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or

(iii) both (i) and (ii)

RELATES TO (iii)

3. Name of person discharging managerial responsibilities/director

IAN SPRINGETT

4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

N/A

5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest

IN RESPECT OF PERSON REFERRED TO IN 3 ABOVE

6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares

ORDINARY SHARES OF 10p

7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

COMPUTERSHARE TRUSTEES LIMITED

8. State the nature of the transaction

PURCHASE OF SECURITIES ('PARTNERSHIP SHARES') AND RECEIPT OF AN AWARD OF FREE SHARES ('MATCHING SHARES') UNDER AN INLAND REVENUE APPROVED SHARE INCENTIVE PLAN AT THE END OF AN ACCUMULATION PERIOD FOR SAVINGS.

9. Number of shares, debentures or financial instruments relating to shares acquired

94 (47 PURCHASED PARTNERSHIP SHARES AND 47 FREE MATCHING SHARES)

10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

0.0000117%

11. Number of shares, debentures or financial instruments relating to shares disposed

N/A

12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

N/A

13. Price per share or value of transaction

803p

14. Date and place of transaction

1 JULY 2009: LONDON STOCK EXCHANGE

15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

12,206 shares (0.00152%) (including 12,000 ordinary shares and 206 SIP shares)

16. Date issuer informed of transaction

1 JULY 2009

If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes

17 Date of grant

18. Period during which or date on which it can be exercised

19. Total amount paid (if any) for grant of the option

20. Description of shares or debentures involved (class and number)

21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise

22. Total number of shares or debentures over which options held following notification

23. Any additional information

THE MATCHING SHARES MUST NORMALLY BE HELD IN TRUST FOR A PERIOD OF THREE YEARS AFTER WHICH THEY MAY EITHER BE LEFT IN TRUST OR WITHDRAWN (AND EITHER RETAINED OR SOLD). ALL OR SOME OF THE MATCHING SHARES MAY BE LOST ON CESSATION OF EMPLOYMENT (EXCEPT IN CERTAIN COMPASSIONATE CIRCUMSTANCES) AND ON DISPOSAL WITHIN THREE YEARS OF THE CORRESPONDING PARTNERSHIP SHARES.

24. Name of contact and telephone number for queries

MANINDER DHIMAN

0208 996 1078

Name and signature of duly authorised officer of issuer responsible for making notification

Date of notification

2 JULY 2009

This announcement has been issued through the Companies Announcement Service of

the Irish Stock Exchange.

<HR>---------------------------------------

This information is provided by RNS The company news service from the London Stock Exchange

ISERJMPTMMJMMLL

By Hereward Holland

KIGALI, July 2 (Reuters) - Canada-based Vangold Resources is seeking oil and gas exploration rights for Rwanda's Lake Kivu following successful air and satellite surveys.
The landlocked central African country has agreed to enter discussions for a Special Hydrocarbon Exploration License (SHEL) in the 1,631 sq km Kivu Graben basin, Vangold said in a statement seen by Reuters this week.
Dal Brynelsen, Vangold president, said he was pleased with initial geochemical, geophysical and other technical data on the lake which is shared with Rwanda's volatile neighbour, Democratic Republic of Congo.
"Based on the partially completed 2008 gravity and magnetic survey, we have identified a 400 square km basin under Lake Kivu," Brynelsen said.
"We want to increase our Rwandan exploration activities and look forward to working closely with the Rwandan government."
Lake Kivu is a southern extension of Uganda's Albertine rift where Tullow Oil plc and Heritage Oil have made major oil and gas discoveries.
The Rwandan government granted Vangold exclusive rights to assess hydrocarbon and petroleum potential on the Rwandan portion of Lake Kivu in October 2007.
In February this year, Rwanda's Energy Minister Albert Butare said the quantity and quality of the oil was unknown.

However, the crude discovered in Uganda's Albertine Graben, which shares similar geological features, has been described as heavy or "waxy", posing logistical problems for transportation to the coast.
The energy minister was not immediately available for comment on the proposed exploration contract.
Vangold is also exploring potential oil and gas projects in the United States, Armenia and Kenya, according to the company's website.
(Editing by James Jukwey) (For full Reuters Africa coverage and to have your say on the top issues, visit: http://af.reuters.com/) Keywords: RWANDA OIL/

(Email: nairobi.newsroom@reuters.com; tel: +254 20 222 4717)

COPYRIGHT

Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.

By Jack Kimball

KAMPALA, July 2 (Reuters) - Multi-billion barrel oil finds in Uganda have raised investor interest in the east African nation where crude explorers have been making discoveries in the Albertine Graben region.
Here are some questions and answers about Uganda's hydrocarbon finds:
WHAT'S THE HISTORY?
* Petroleum was first discovered in the 1920s in the Albertine Graben -- the northern most part of the East Africa Rift system -- and the first well was dug in 1938. But the Second World War and political instability in Uganda between 1940 and the 1980s saw limited exploration.
* The search for hydrocarbons began in earnest in the 1990s after a return to political and economic stability in Uganda following President Yoweri Museveni's ascent to power. The first license was given to Heritage Oil in 1997.
* Uganda has nine blocs from its northern border with Sudan through Lake Albert on the western border with the Democratic Republic of Congo and south to Lake George. The area runs over 500 km and around 45 km in width. Blocs 3B, 3C, 3D and 4A are open. It froze licences in 2007 to create regulatory policies.
* To date, only 30 percent of the licensed areas have been explored, already with an estimated two billion barrels. Natural gas deposits have been found in many of the drilled areas, but no estimates on the reserve size are available.
WHO ARE THE MAJOR PLAYERS?
* TULLOW OIL owns half of Blocs 1 and 3a, amounting to 4,285 and 1,991 square km respectively, and it has Bloc 2 outright with 4,675 square km. The company has dug over 20 wells to date with an estimated a multi-billion barrel potential.
* HERITAGE OIL co-owns Blocs 1 and 3a with Tullow.
* DOMINION UGANDA LTD, a subsidiary of Dominion Petroleum Ltd, has 100 percent stake in Bloc 4b with 2,021 square km and an estimated 378 million barrels of recoverable reserves.
* TOWER RESOURCES and GLOBAL PETROLEUM have Bloc 5 with 6,040 square km. The companies drilled the first well in May/June 2009, but did not find any oil.
EARLY PRODUCTION?
* The government has scrapped the idea of a mini-refinery after larger-than-expected hydrocarbon reserves were found.
Uganda has said it now wants to build a major refinery -- possibly producing 100,000 barrels per day (bpd) -- which is likely to cost billions of dollars and take years to construct. Uganda's petroleum consumption has risen from 8,000 bpd in 1998 to more than 13,000 bpd in 2008.
* Oil explorers want at least limited exports to start recouping investments, estimated at $500 million by the end of December 2008. Analysts say the companies do not have the capital or the will to build a major refinery, but local media have reported interest from Iran and China in the project.
* An oil pipeline to Kenya's Mombasa port -- the nearest harbour and likely destination for Uganda's oil exports -- would need to be heated, given the waxy quality of the crude in the Albertine Graben, and involve many companies. Kenya's pipeline currently runs from Mombasa to Eldoret.
WHAT ARE THE RISKS?
* Uganda and Congo have an ongoing dispute over the border. Kinshasa fears that production on Kampala's side might drain reserves under Lake Albert on its side. High-level officials now meet regularly, and negotiations are under way to hammer out how the oil on Lake Albert should be divvied up.
* Instability in east Congo will continue to be a major source of risk as oil production might be looked on as an easy target for groups trying to grab attention of the central government and the international community. A resurgence of militia activity in the Ituri district, which borders the lake on Congo's side, has led to renewed violence in an area that was the scene of bloody conflict during Congo's 1998-2003 war.
* There is a lingering row over the attribution of two Lake Albert blocks on the Congolese side. Tullow had rights to these blocks, but one was taken away last year by the former oil minister. Tullow says that could complicate their overall operations. Earlier this year, a new oil minister hinted that the company would be invited back, but may be forced to share.
* Fears over any possible violence during elections in Sudan and a secession referendum for the south in 2011 will continue to worry investors especially in Bloc 5 along the Uganda-Sudan border. During Sudan's long civil war, hundreds of thousands of refugees flocked across the border, and Uganda's aid for southern rebels incurred the ire of the northern government.
* The question over political succession in Uganda in the lead up to a 2011 vote will continue to play a role, especially as oil production is expected to start around that time. The election and who, if anyone, will take power from long-serving Museveni will fuel uncertainty about stability in Uganda.

RNS Number : 8239U Tullow Oil PLC 30 June 2009

Tullow Oil plc Total Voting Rights

In conformity with the FSA's Disclosure and Transparency Rules, Tullow Oil plc today announces the following:

As at the date of this announcement, Tullow Oil plc's issued share capital consists of 802,516,960 ordinary shares (with a nominal value of 10p each) with voting rights. No ordinary shares are held in treasury.

Therefore, the total number of voting rights in Tullow Oil plc is 802,516,960

The above figure may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, Tullow Oil plc under the FSA's Disclosure and Transparency Rules.

This announcement has been issued through the Companies Announcement Service of

the Irish Stock Exchange.

This information is provided by RNS The company news service from the London Stock Exchange

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