Explorer Tullow Oil said a plan for a speedy resolution of a stand-off with the Uganda government on a planned sale of interests to France's Total and China's CNOOC looked unlikely.
Tullow said the Uganda government had stated it would only approve the planned sale after it had settled a separate dispute with Tullow's former partner, Heritage Oil, about whether tax was due on the sale of Heritage's assets to Tullow.
[Read more]
Source: Reuters
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment