an analyst's opinion on tiof

Hi all,

Interesting !! Was speculated on TMF a few months back !!

Thanks to balance from SS.

An analyst's opinion on Tiof.......

Woodside Petroleum may fast-track Tiof oil field, offshore Mauritania, by using existing floating production, storage and offloading, or FPSO facilities, says Patersons Securities. Operator Woodside yet to confirm development plan. But using Northern Endeavour FPSO, currently in use on Woodside's Laminaria field offshore northern Australia, could bring
forward Tiof development timetable to mid-2007. Solution could result in value for junior partner Hardman Resources which Patersons retains as Buy. Woodside shares up 1.3% at A$27.95, Hardman up 1.0% at A$2.08.