Tullow Oil Discussion Board http://www.iii.co.uk/investment/detail?code=cotn:TLW.L&display=discussion http://www.iii.co.uk/icons/logos/uk_logo.gif http://www.iii.co.uk tag:iii.co.uk,2003:tst.9247683 http://www.iii.co.uk/investment/detail?code=cotn:TLW.L&display=discussion&id=9247683&action=detail Sat, 04 Feb 2012 02:06:00 GMT brummell tag:iii.co.uk,2003:tst.9247570
"The agreement removes the major barrier to completing” the transaction, Oswald Clint, an analyst at Sanford C. Bernstein & Co. in London, wrote in an e-mailed report. “There is also a stabilization clause in this morning’s agreement, which protects Tullow’s investment in the country (e.g. against tax increases) and was agreed upon by all parties.”

This should clear up your concerns.

Was posted at Bloomberg.

KKW By kkwfromoz ]]> http://www.iii.co.uk/investment/detail?code=cotn:TLW.L&display=discussion&id=9247570&action=detail Fri, 03 Feb 2012 23:06:00 GMT kkwfromoz tag:iii.co.uk,2003:tst.9247562
I wonder why I feel so happy this morning.

On the question of the pipeline, this could be started if Kenya comes good (TLW can fast forward all the projects there) with or without Ug's agreement; except that it'll have to end in Kenya. Unfortunately, without UG's section, they won't have S Sudan's business. But, if Ug think that they are going to miss out, they could change their simple minds just like they have in this project, time and time again.

There's always the possibility of fixing the broken down rail track of course.

I think the main obstacle was the signing, now that's done, UG has to deal with TOTAL and CNOOC which is China (and they are not going to put up with rubbish)

I think we all should post a congratualtion to AH for pulling the deal thru; and oh, a good riddance to so and so..

CL, I think you are right in that once the money is in the bank (two weeks), SP will trent up. In fact when the news get digested in the few days, we should also see an improvement

KKW By kkwfromoz ]]> http://www.iii.co.uk/investment/detail?code=cotn:TLW.L&display=discussion&id=9247562&action=detail Fri, 03 Feb 2012 23:00:00 GMT kkwfromoz tag:iii.co.uk,2003:tst.9247341 http://www.iii.co.uk/investment/detail?code=cotn:TLW.L&display=discussion&id=9247341&action=detail Fri, 03 Feb 2012 21:25:00 GMT king-canute tag:iii.co.uk,2003:tst.9247250
More good news should be in the pipeline shortly - Aminex drilling off Tanzania (Ntorya1) should be reaching or have reached T/D very soon - 20% CoS (or Solo, 25%) but proven hydrocarbons surround the area with new discoveries being made almost weekly. This, if gas, should add a few more pennies to the SP. If commercial quantities of oil, then I reckon Tullow will buy Aminex with its war chest of billions of $. By Yertiz ]]> http://www.iii.co.uk/investment/detail?code=cotn:TLW.L&display=discussion&id=9247250&action=detail Fri, 03 Feb 2012 20:40:00 GMT Yertiz tag:iii.co.uk,2003:tst.9246883 Nick Fletcher
Friday 3 February 2012 17.14 GMT
http://bit.ly/xKsIdV By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:TLW.L&display=discussion&id=9246883&action=detail Fri, 03 Feb 2012 18:20:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9246565
By Chis Lines ]]> http://www.iii.co.uk/investment/detail?code=cotn:TLW.L&display=discussion&id=9246565&action=detail Fri, 03 Feb 2012 16:50:00 GMT Chis Lines tag:iii.co.uk,2003:tst.9246498 3 February 2012 | 16:18pm
StockMarketWire
http://bit.ly/xusSFS By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:TLW.L&display=discussion&id=9246498&action=detail Fri, 03 Feb 2012 16:40:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9246421 http://www.iii.co.uk/investment/detail?code=cotn:TLW.L&display=discussion&id=9246421&action=detail Fri, 03 Feb 2012 16:30:00 GMT FriskyG tag:iii.co.uk,2003:tst.9246403
So a lot of the 'positive reaction' was actually before the announcement
By DaveHughes ]]> http://www.iii.co.uk/investment/detail?code=cotn:TLW.L&display=discussion&id=9246403&action=detail Fri, 03 Feb 2012 16:27:00 GMT DaveHughes tag:iii.co.uk,2003:tst.9246211 3:48 pm
http://bit.ly/zREfFW By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:TLW.L&display=discussion&id=9246211&action=detail Fri, 03 Feb 2012 15:57:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9246146 http://www.iii.co.uk/investment/detail?code=cotn:TLW.L&display=discussion&id=9246146&action=detail Fri, 03 Feb 2012 15:48:00 GMT cavebear tag:iii.co.uk,2003:tst.9246111
Tullow said they had no comment on the refinery.


http://www.irishtimes.com/newspaper/breaking/2012/0203/breaking38.html

Reads like they have had to give ground to get this through

M1 By million one ]]> http://www.iii.co.uk/investment/detail?code=cotn:TLW.L&display=discussion&id=9246111&action=detail Fri, 03 Feb 2012 15:43:00 GMT million one tag:iii.co.uk,2003:tst.9245571 http://www.bbc.co.uk/news/world-africa-16872987Uganda's government has signed production agreements with the London-based company Tullow oil.

The deals pave the way for a $10bn (£6bn) investment in a refinery and crude oil export pipeline.

Tullow will sell two-thirds of its interest in the Lake Albert Rift Basin to a Chinese company, CNOOC and the French firm, Total.

The deal is worth $2.9bn and ends a deadlock with the Ugandan government over future taxes.

Uganda's Oil Minister Irene Muloni said Tullow had accepted the government's revisions to "stabilisation clauses" which are included in the contracts to protect companies from future losses if the government alters tax laws.

Tullow spokesman George Cazenove said the company is happy with the clauses.

"It's important to remember that the Lake Albert Rift Basin development will be a long-term development for Uganda over many years - there's a lot of oil there," Mr Cazenove told the BBC.

"There will be a refinery in Uganda as well as a pipeline."

The oil deposits and refinery should be large enough to meet Uganda's needs, as well as those of some its neighbours, including eastern Democratic Republic of Congo. By energysaver ]]> http://www.iii.co.uk/investment/detail?code=cotn:TLW.L&display=discussion&id=9245571&action=detail Fri, 03 Feb 2012 14:28:00 GMT energysaver tag:iii.co.uk,2003:tst.9245555 Date: Thursday, February 2, 2012
http://bit.ly/x78t6n By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:TLW.L&display=discussion&id=9245555&action=detail Fri, 03 Feb 2012 14:27:00 GMT SpikeyDT