IRISH-FOUNDED exploration group Tullow Oil is anticipating that the Jubilee field in Ghana will boost its yields this year as it recorded a massive 361pc rise in pre-tax profit of $152m (€109m) for 2010.
This figure was a significant increase from the $33m (€23m) it recorded in 2009.
Tullow's full-year revenues rose by 19pc and operating profit soared by 56pc to $235m (€169m) and earnings per share rose by 90pc to 6.1c.
Total 2010 production was 58,100 barrels of oil per day.