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Exploration

UK INDEPENDENT TULLOW Oil is close to signing an agreement with Uganda now that the countrys elections have taken place, one of the company’s directors said, paving the way for a $10bn oil project to begin.

p style="margin-bottom: 0cm;">UK INDEPENDENT TULLOW Oil is close to signing an agreement with Uganda now that the countrys elections have taken place, one of the company’s directors said, paving the way for a $10bn oil project to begin.

Uganda is likely to issue an oil production licence by the middle of this year, a senior government official has said.

p style="margin-bottom: 0cm;">Uganda is likely to issue an oil production licence by the middle of this year, a senior government official has said.

In December 2010, following interpretation studies of the aero gravity gradiometry survey (GGI) and further detailed analysis of all well data, Tower announced an operational update which highlighted the following important conclusions:

p style="margin-bottom: 0cm;">In December 2010, following interpretation studies of the aero gravity gradiometry survey (GGI) and further detailed analysis of all well data, Tower announced an operational update which highlighted the following important conclusions:

Chinook announced that the Sud Remada TT4 exploration well has been cased and suspended awaiting completion.

p style="margin-bottom: 0cm;">Chinook announced that the Sud Remada TT4 exploration well has been cased and suspended awaiting completion.

COOPER ENERGY HAS announced its Hammamet West field, offshore Tunisia, could hold more than 200mn barrels of oil.

p style="margin-bottom: 0cm;">COOPER ENERGY HAS announced its Hammamet West field, offshore Tunisia, could hold more than 200mn barrels of oil.

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