Good Oil
TLW holding 49% in this block... potentially more valuable to TLW than Jubilee.
The field could contain up to 1.4 billion barrels of oil, Royal Bank of Scotland oil analyst Phil Corbett said in a research note to clients, although he added there was great uncertainty about the exact level and recovery rates.
"There is little doubt that this is a significantly positive result for Tullow ... The Tweneboa discovery could be one of Tullow's main assets going forward," Corbett said.
http://uk.reuters.com/article/idUKTRE60K1G520100121
All we need is EXXON or Total as partner in Uganda,,, and then pop the corks :}
Good Luck...
SharpE
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