HDR hardman resources limited

uganda tax resolved, page-6

  1. 7,016 Posts.
    lightbulb Created with Sketch. 52
    don't believe everything GofU officials say to journos guys.
    Still no ann from tlw confirming what was said last Thurs by the "Junior" minister for Energy.
    This DowJones newswires piece adds to the spice!

    Dow Jones Newswires.
    DJ MARKET TALK:
    Investors Skeptical Of News Of Tullow-Uganda Deal
    28 Oct 2010 - 17:06
    0000 GMT (Dow Jones) Investors are raising a skeptical eye to comments this week by a Uganda official that Tullow Oil has agreed to pay all of the capital gains taxes in a long-running dispute between Uganda and Heritage Oil. Uganda Junior Minister for Energy Simon D'Uganga said Wednesday in India that the dispute was resolved and that "Tullow is the one which is going to pay the taxes." But Heritage shares are up a scant 2 pence since the news broke to 348 pence. Tullow is also up 2 pence to 1212 pence.([email protected])


    (END) Dow Jones Newswires

    October 28, 2010 12:06 ET (16:06 GMT)

    Copyright (c) 2010 Dow Jones & Company, Inc.


 
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