re: tiof tiedback to chinquetti- commercial find-y Interesting below... what on earth is holding this stock down...
1209 [Dow Jones] STOCK CALL: UBS believes potential for further oil
discoveries in Woodside's (WPL) offshore Mauritanian acreage must now be
increased (3/5 success rate to date) following discovery of hydrocarbon column
in Tiof (WPL 35%) exploration well. Analyst suggests nearby prospects such as
Dorat must look more encouraging as potential tieback to Tiof. Assuming a 153
million bbl discovery, analyst estimates Tiof has potential to add approximately
40 cents/share to WPL valuation of A$12.91/share. Buy 1 rating maintained with
A$15.50/share target; WPL up 13 cents at A$13.72. (RAT)
HDR
hardman resources limited
