Part of todays Tullow report, which looks VERY bullish for Hardman! Keep your eye on Tower Resources, they hold all of the northern block (Block 5)!
* Exploration success: three oil discoveries in Uganda, three UK gas
discoveries
* Uganda: Encouraging well results leading to basinwide exploration
campaign
* First oil delivered from West Espoir, Okume project on track
Commenting today, Aidan Heavey, Chief Executive, said:
"Today's record results demonstrate the quality of Tullow's portfolio and
continued growth of its business. While competition for resources, talent and
quality acreage is intense, our strategy, based on key skills and well
understood regions, has proven effective. In the short term, we remain on track
to achieve our production target of 75,000 boepd by the end of the year, while
recent exploration results in Uganda and the programmes planned in India and
Namibia provide outstanding opportunities for growth. The outlook for Tullow
remains very positive."
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