(jsoho) I totally agree but apparently Kenya is considered as the new oil fontier Tullow has had great success and the government is supporting the idea.
Senagal we have had for years and most had written it off, its a bonus that we have secured two wells in that area.
Kenya on the other hand is even better Tullow has had very good success in Africa After taking over Hardmans leases including uganda. Tullow oil, found oil in the very first well in Kenya. Brittish investors have been following Tullows success and are keen to buy into any stock that has leases in kenya.
http://www.theeastafrican.co.ke/business/Tullow-and-Africa-Oil-strike-more-oil-in-Kenya/-/2560/2150784/-/y9ii7oz/-/index.html
Like to end with a reminder that any find in that part of the world will be about 10 times the size of any autralian well.
ie 20mill barrels Australia V 200mill Barrels in Africa.
Its worth doing your research by looking as the sizes of the finds that tullow have . Tullow is heavily undervalued according to my calculations -now there's safe stock for daydreamer. whoever he is.
Cheers
Chass
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