Heavy demand for Tullow shares

 

Tullow Oil shares continued to trade heavily on the London market yesterday, based on a combination of speculation on the current gas testing programme in Pakistan and renewed rumours that Tullow may become a bid target.

Almost five million shares traded on the London market, and the share hit a new high of 122p sterling before closing up 2 1/2p sterling on the day on 117p sterling. Page 4