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LONDON, March 12 (Reuters) - Tullow Oil said on Thursday the oil price slump may jeopardise planned $1 billion asset sales designed to refill its coffers as the Africa-focused group’s lenders may baulk at approving loans, threatening its future.
The company said it expects its free cash flow to slide to $50 million-75 million this year at an oil price of $50 a barrel, but hopes to raise cash from the asset sales.
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