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Analyst Wrap

BETTER-THAN-EXPECTED flows from Tiof-6 gave the offshore Mauritania joint venture partners a happy Valentine's Day. Hardman reported that tests on 14 February upheld the JV’s initial assessment that Tiof has about 1 billion barrels of oil-in-place.

Steve Rotherham
Analyst Wrap

But this good new didn’t stop the shares of Tiof operator and major partner (53.8%) Woodside from taking a hit when it announced its reserves had fallen. Woodside produced a billion dollar profit and found...

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