Tullow Oil shares tank as CEO and head of exploration exit

Shares in oil and gas company Tullow Oil tanked on Monday morning after the company announced the departure of its chief executive and exploration director as well as plans to reduce capital expenditures and suspend the dividend. Paul McDade, Tullow Chief Executive Officer, and Angus McCoss, Exploration Director, have resigned from the board of Tullow … Continue reading Tullow Oil shares tank as CEO and head of exploration exit