By: Stock Gumshoe
February 15, 2013 at 11:19 AM EST
YAY followed by “meh” for Africa Oil
Tullow Oil and Africa Oil announced the first flow tests from their Kenyan discoveries this week, and the response was interesting — there was a quick and overwhelming “Hurray!” from the markets as both stocks were up 6-8% almost immediately in trading in Stockholm and London following the announcement … but by the time NY [...]
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