The London market seems very jumpy at the moment. It appears the...

The London market seems very jumpy at the moment. It appears the market makers are very defensive and go to red immediately any news appears. Tullow issued a RNS and the sp was downed 8%. What did the RNS say Mputa4 was producing oil at around 1,000 barrels a day from a 5m layer. They would start production late in the 1st quarter of 2008. They still had more testing to do on the well. So far on an 1/2" choke they had noticed some DEPLETION after shut in

I think the use of the word depletion sent the market makers scurrying like jack rabbits to their burrows

Merry Xmas to you all on the beach. I do not envy you we have Fog and Frost. Well not a lot anyway