oil flows from the top 2 sections at waraga, page-14

Looking at continued strong buying throughout the afternoon, and a jump tomorrow. Have we seen the last of the 170s?? This will be predicated on no further bad news/disappointments from Mauritania, and shorters beginning to cover positions.

It was nice to see WPL mention in a recent pres that they are looking at a phased Tiof development - a good hint that a commercial development will occur imo.