Thanks for that.
Like I said I think Senegal is a very good asset with lots of advantages to other assets in Africa and should for that reason be attributed a higher premium. Political instability/corruption is a huge issue in Africa and let's hope nothing changes in that regard in Senegal. I think Tullow is having these exact issues over the last few years in Uganda which has affected the production there. I also know they have quite a bit of debt to deal with too. It's crazy though that they are 1/10 of the value they were a couple of years ago and only worth a few billion with proven and probable reserves of 1.3 Billion barrels.
Washington to help Kenya, page-7
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