Tul­low boss ousted as shares hit 20-year low

The Daily Telegraph - - Front page -

Shares in Tul­low Oil crashed by more than 71 per cent to a 20-year low – wip­ing £1.4bil­lion off the value of the com­pany – af­ter it slashed pro­duc­tion fore­casts, ousted its boss and axed its div­i­dend. An­a­lysts blamed a “cul­ture of fear” within the Africafo­cused busi­ness. Busi­ness: Page 1

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