Tullow Oil Drilling Update Positive -Analyst
ullow Oil’s (TLW.DB) drilling update is “positive,” says an analyst. Says the K4 gas discovery is the latest in a string of UK successes. “The discovery is small in the overall scheme of things, but the UK is an important area as it’s already well explored,” he says. Adds Tullow’s previous research is now beginning to bear fruit. Shares closed Thursday at 320.5p. (KHO)
