West-African explorer Tullow Oil said Wednesday it raised its expectations for production following a string of successes off the coast of Ghana. Tullow, which has headquarters in London, is tapping into the Jubilee oil field and the Tweneboa, Enyenra, Ntomme complex offshore Ghana, some of the more promising basins in West Africa. Tullow CEO Paul McDade said his business was drawing down some of its debt and generating free cash flow. “We have upgraded our oil production forecasts for West Africa following strong production at both Jubilee and TEN,” he said in a statement . The company said it now expected to produce between 85,000 and 89,000 barrels of oil per day from its portfolio, an upward revision of about […]