Hedge Funds
18th Feb 2020 - 11:32am Hedge funds weigh in Tullow Oil shorts as shares slide further Submitted By Hugh Leask | 18/02/2020 - 11:32am Tullow Oil, the London-listed oil and gas explorer shorted by several major hedge funds, has seen a further slump in its share price this week. Tullow shares dipped from 45.81pp on Friday to 43pp on Monday, following the announcement it is abandoning its Marina-1 drilling project in offshore Peru having failed to strike oil in the area. Crispin Odey’s Odey Asset Management is one of a number hedge funds with long-standing bets against the driller.

In this article