Thanks JL. Looks like Tullow is targetting significant production by 2012 with the murmours of a joint pipeline to kenya and and ENI refinery, the stage looks to be setting well. From the reports I'm reading looks like the Ugandan government understand the capital required to productionise the region and quite appropriately are seeking private equity to do the job, a good sign IMO given the sometimes fickle nature of this part of Africa. Looks like we'll have some names early this year.
I flicked through the annual on my way home yesterday and it looks like the WI in leighton is producing (albeit a small WI) I cant see any further production.
GBP Price at posting:
19.0¢ Sentiment: Buy Disclosure: Not Held
