Uganda Lawmakers to Reach Tullow Deal Soon
Investing News Network - December 5th, 2011
Rigzone reported that lawmakers in Uganda will likely pass the delayed $2.93 billion sale of Tullow’s (LSE:TLW) assets in the country.
Rigzone reported that lawmakers in Uganda will likely pass the delayed $2.93 billion sale of Tullow’s (LSE:TLW) assets in the country.
As quoted in the market news:
Tullow had initially expected to conclude the deal in September, but met with delays due to a row over the inclusion of stabilization clauses in the joint venture oil production agreement and October parliamentary resolutions.